Panama Could Change Mining Legislation

President Martinelli stated he is willing to modify the present regulation to foster foreign investment.

Thursday, March 25, 2010

According to Martinelli the country has big opportunities in mining, and lack of regulation cannot be an issue in taking advantage of them.

“Lee Myung-Bak, Korean President, told us to change the law. We’ll do it, I want the Korean Government, Canadian and U.S. investors to invest in the country”.

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New Mining Law in Panama

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The proposal seeks to make it easier to attract foreign investment in exploiting the country's untapped copper deposits.

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