The process will be under the permanent supervision of the Ministry of Industry and Commerce (MICI), the Ministry of Environment, and other competent entities to ensure compliance with current regulations. The National Government stated that the action responds to technical criteria and public interest, focusing on environmental protection and public health. According to the statement, the material exposed to weather conditions poses a real risk of generating acid drainage, which could impact the soil and water sources if not properly managed. The decision was based on technical, environmental, and legal evaluations, supported by current regulations and a comprehensive independent audit. The resolution allows Minera Panamá, S.A. to carry out a controlled process of processing, removal, and transportation of the material out of the country as a specific action to eliminate dangerous conditions identified at the mine. It was also detailed that the processed material, once converted into marketable copper concentrate, will be subject to the payment of corresponding royalties on the exported product. The authorities reiterated that this decision does not imply the reactivation of the mine, but rather a preventive measure to avoid environmental damage. The Ministry of Industry and Commerce (MICI) issued a resolution authorizing the removal of material at the Cobre Panamá mine in Donoso, Colón province, as part of the Preservation and Safe Management Plan (PGS). Additionally, specific measures were established to ensure safe handling under technical, environmental, and safety criteria. MICI indicated that the company will bear all costs of these activities, without generating expenses for the State.
