In an interview published on November 20 by Mining.com, First Quantum Minerals' (FQM) CEO, Tristan Pascall, reaffirmed the company's long-term commitment to Panama and its willingness to collaborate with the Panamanian government to reach a fair, lasting, and respectful agreement of Panama's sovereignty over its mineral resources.
The CEO emphasized that Cobre Panamá is not only one of FQM's most important assets but also one of the most modern and sustainable in the world, with a great capacity to generate jobs, income, and productive chains.
He also reiterated that the group fully recognizes the sovereignty of the Panamanian state over its mineral resources and is willing to work with the government to establish new clear rules with transparency and mutual respect.
"We want to build a new sustainable relationship that reflects the importance of the mine for both the company and national development," Pascall stated.
"We are committed to Panama, a country where we have invested more than 10 billion dollars."
Regarding FQM's global performance, the CEO highlighted the company's operational strength, especially in its mines in Zambia, Australia, and other countries, which guarantees its financial and technical capacity to continue to be a reliable strategic partner in the countries where it operates.
He also stressed that any new agreement will be fully respectful of Panamanian legislation and reflect a model of responsible and transparent mining.
A comprehensive audit is currently underway in Panama, with initial results expected to be known in early December.
