PANAMA CITY, March 25 (Reuters) - Panama has not
authorized visits to First Quantum's shuttered Cobre
Panama mine, the country's Ministry of Commerce and Industry
said in a statement on Tuesday.
"Any entry of third parties to those facilities has been
managed unilaterally by the company, without the participation
or endorsement of the National Government," the ministry said.
The statement was shared on X by Minister Julio Molto and
stated that Panama's government is "in the process of
contracting a comprehensive audit, which aims to technically and
objectively evaluate the current state of operations and their
impact on the environment."
Panama's statement comes after First Quantum announced
on Monday a program of visits to the Cobre Panama copper mining
site, which has been shut since 2023 amid an environmental
dispute with the country, to tour the site.
The Panamanian government believes the public visits may
affect the impartiality of any analysis of the Cobre site and
the existing supplies of copper concentrate there.
Before its shutdown, the mine was one of the world's top
sources of copper, accounting for 1% of global output.