"Experts and the Panamanian Mining Chamber say that the figures are entirely due to the beginning of Petaquilla's operations in Colón, which will already be generating royalties for the government, though not everyone agrees with the project," reports Pa-digital.com.pa.
In the first six months of the year the country exported $9.5 million more than it did in the same period in 2010.
According to the Controller's Office, total exports of gold last June was $54.4 million, compared with $33 million in the same period in 2010. Gold exports have been rising month on month, from $8 million in April 2011 to $11 million in June 2011.
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