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Mining Numbers in Panama

Investment to be made in the local mining sector between 2009 and 2018 is estimated at $10 billion and it is projected that by 2019 the value of the export of metals will reach $2500 million a year.

Thursday, October 9, 2014

From a statement from the Mining Chamber of Panama:

Relevant data related to mining in Panama:

• Mining brings economic, environmental and social benefits to the country.

• Currently 2.5% of GDP is a result of mining activities. By the year 2019 it is projected that about 10% of GDP will come from mining activity.

• Foreign direct investment in the local mining sector between 2009 and 2018 is estimated to reach 10,000 billion in projects already underway.

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Goods

non-metallic minerals

Key entities

Mining Chamber of Panama

Countries

Panama

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Mining in Guatemala

August 2016

A study on the importance of the mining sector in the country, carried out by the CABI, concludes that "the net profit for mining entrepreneurs is between 20% and 30% in normal times."

The analysis prepared by the Cabi said that the mining industry contributes 3.3% of GDP to the country directly and indirectly, a relatively small amount in the opinion of Paulo de Leon, at the Cabi, who believes that the sector has greater potential.

Goldcorp takes steps to improve human rights at Marlin

July 2010

Goldcorp To Implement Human Rights Assessment Recommendations; Commits To Integrate Human Rights In Business Process

VANCOUVER, BRITISH COLUMBIA, June 30, 2010 – GOLDCORP INC. (TSX: G, NYSE: GG) today presented its initial response to the recently completed independent human rights assessment (HRA) prepared by On Common Ground Consultants Inc.

Tougher Controls for Canadian Mining Companies

January 2010

Canada’s Supreme Court has ruled that Canadian mining corporations must conduct more detailed environmental impact studies.

Several mining companies from Canada operate in Central America. Some of them include Breakwater Resources (Honduras), Inmet Mining Corp (Panama), Petaquilla Minerals Ltd (Panama), B2Gold Corp (Nicaragua), Argonaut Gold (Guatemala) and GoldCorp (Guatemala and Honduras).

Investors Urge Responsible Mining in Guatemala

April 2008

Shareholders in Canadian Goldcorp Inc. mining firm are exercising their influence in support of human rights in Guatemala.

A group of shareholders from Canada and Sweden have reached an agreement with Goldcorp Inc., which has agreed to commission an independent human rights impact assessment of its operations in Guatemala.