Is First Quantum still mining in Panama?

Written by Admin | Last Updated: July 2026

First Quantum Minerals is not currently conducting full-scale commercial copper mining operations in Panama, as its flagship Cobre Panama mine was placed into a phase of preservation and safe management following government and legal mandate shifts. However, subsequent regulatory developments and government authorizations have permitted specific environmental stewardship tasks, maintenance of the facility, and the authorized removal, processing, and export of previously extracted low-grade stockpiled ore. The company continues dialogue with national authorities to achieve a durable, long-term resolution regarding the future of the asset.

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