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First Quantum presented final contract by Panama ! LOL

[Marine2]

I say, kick those mining companies OUT ! Come to Canada !

First Quantum presented final contract by Panama 

The two sides are at odds over government's plan to increase annual royalties to $375 million 

Author of the article:

Reuters 

 

Published Jan 03, 2023  •  1 minute read

Panama's president, Laurentino Cortizo, said on Monday the government has presented Canadian miner First Quantum Minerals a final contract to regulate operations. PHOTO BY REUTERS/ARIS MARTINEZ

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PANAMA CITY — Panama’s president, Laurentino Cortizo, said on Monday the government has presented Canadian miner First Quantum Minerals a final contract to regulate operations.

 

 

 

 

Canada, UCortizo, during a speech to the nation, vowed to abide by the constitution in the negotiations and to establish a “fair relationship” between the parties.

 

FP Energy

 

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The two sides are at odds over such issues as contract stability and the government’s plan to increase annual royalties to $375 million, which has been at the forefront of discussions.

 

Crispiano Adames, president of the country’s National Assembly, said during a separate speech he had proposed a new mining code to avoid the needs of Panama being put behind those of multinational companies.

 

© Thomson Reuters 2022