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 government of Panama to reach a fair, durable, and respectful agreement of Panamanian sovereignty over its mineral resources.
"We are committed to Panama, a country where we have invested more than 10 billion dollars," he noted. Pascall also emphasized that any new agreement will be fully respectful of Panamanian legislation and will reflect a model of responsible and transparent mining.
The CEO also reiterated that the group fully recognizes the sovereignty of the Panamanian state over its mineral resources and is willing to work alongside 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 both for the company and for national development," stated Pascall.
He also underlined 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 linkages.
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.