Panama's Ministry of Environment Publishes Third Audit Report on Copper Mine

The Ministry of Environment makes the progress reports of the Comprehensive Audit of the Panama Copper Mine Project available to the public, in compliance with the principles of transparency, access to environmental information, and traceability of the process, in accordance with current regulations. The Ministry of Environment (MiAmbiente) published the Third Monthly Progress Report of the Comprehensive Audit of the Panama Copper Mine Project, corresponding to the period from December 8, 2025, to January 9, 2026, prepared by SGS Panama Control Services Inc., under the supervision of this entity. According to MiAmbiente, this report continues the multidisciplinary integration phase of the audit process, which is developed in accordance with the Terms of Reference and is based on verifying compliance with the 370 environmental commitments established in the project's Environmental Impact Study (EIS). It was reported that during the evaluated period, the audit team advanced in the documentary review, field inspections, and comprehensive and systematic analysis of the information submitted by the stakeholders, contrasted with the data obtained directly on site. The document is a progress report, prepared based on the current state of maturity of the comprehensively audited process. Although it is a progress report, its development has involved progressive technical evaluation processes regarding the EIS commitments, the Terms of Reference tables, and the components of the audited mining process, generating preliminary results on the level of compliance while the structure of the final report is consolidated, strengthening the methodological traceability, coherence, and technical robustness of the audit. The applied methodological approach allows verifying the project's performance and supporting MiAmbiente's decision-making, particularly in the identification and evaluation of future environmental assets and liabilities, also incorporating the analysis of the legal, labor, and tax aspects applicable at the national and international levels. This report can be consulted through the link: www.miambiente.gob.pa.