PANAMA CITY, March 5 (Reuters) - The Panamanian

government has recommended that First Quantum's unit in the

country set out financial guarantees to cover the cost of

closing its lucrative copper mine there, Panama's trade and

industry ministry said on Tuesday.

The recommendation was one of several made by a

multi-ministry committee to First Quantum. The ministry also

said that the miner should detail estimated monthly costs to

keep the mine in preservation mode "with as much detail as

possible."

First Quantum said in January it entailed costs of "tens of

millions of dollars a month."