Problems in Mining Project

The protests which since the beginning of the year have been held by workers in the Cobre Panama project in Colón have paralyzed work on the power line and the 300 MW thermoelectric plant.

Wednesday, March 14, 2018

The labor dispute that has prevented the project from progressing arose after both parties, the workers' union and the company Minera Panamá, accused each other of not complying with some points of the agreement made between them in January, with intermediation on the part of the Ministry of Labor.

See also: "Metalliferous minerals market in Central America"

Prensa.com reports that "...The company warned that members of the Single Trade Union of Workers of the Construction Industry and Similar (Suntracs) have not allowed work on the project to resume on a regular basis, as stipulated in the agreement."

"... The work is 73% complete, according to a spokesperson for the company, the departure of the workers has prevented continuation of the testing that was being carried out on the transmission line and the 300 MW thermoelectric station."

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More on this topic

Copper: Mine Prepares for Export

February 2019

Canada's First Quantum, owner of the copper mine in the province of Colon, Panama, plans to begin exports by the middle of this year.

The Panamanian mine, whose construction began in 2013 and demanded a $6.3 billion investment, expects to export 320,000 tons of copper concentrated per year.

Work Resumes on Mining Project

March 2018

After several days of negotiation, Cobre Panama company has reached an agreement with the construction workers' union, and they will be able to resume construction work on the project.

Protests by workers at the Cobre Panama project in Colón held since the beginning of the year have kept work on the power line and the 300 MW thermoelectric plant paralyzed for almost three months.

Nicaragua and the New Mining Law

June 2017

The Assembly is preparing to approve a bill that creates the Nicaraguan Mining Company (Empresa Nicaragüense de Minas), which will be able to participate in exploration and exploitation activities carried out by companies who have received concessions.

In addition to the possibility of participating directly in activities carried out by concessionaire companies, once the law is approved, the Nicaraguan Mining Company (ENIMINAS), "... will have as its objective the execution and development of exploration and rational exploitation of the country's mining resources. "

Operations at Cobre Panama Mining Project Normalized

July 2014

The company Minera Panama has made an agreement to resume construction work at the mine after reaching an agreement with workers over working schedules.

After construction stopped in the Cobre Panama mine project on June 27, due to a labor dispute with workers of the project, the company First Quantum Minerals has said it has reached an agreement to resume work.

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