Work Resumes on Mining Project

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.

Tuesday, March 20, 2018

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.

From a statement issued by the Ministry of Labor: 

March 20, 2018. From early hours of last Sunday, the National Union of Workers of the Construction Industry and Similar (SUNTRACS) and the company FQM Construcción y Desarrollo S.A., held intense negotiations with the mediation of the Ministries of Labor, Trade and Security, managing to reach an agreement on Tuesday, March 20, which ends the labor dispute in the Panama Copper Project.

With the signing of this agreement containing 15 clauses, THE COMPANY and the TRADE UNION, are committed to guaranteeing labor peace in order to finish the work in time. It will also allow the Cobre Panama Company to resume work in a prudent period of time that facilitates the organized entry of the various employee rotation groups and also guarantees the free exercise of the right to freedom of association by the various unions that represent the workers of the company.   

¿Busca soluciones de inteligencia comercial para su empresa?

Are you interested in construction projects in Central America?

Receive information about our monthly report including a complete list of all the major and most important construction projects seeking government authorization.

Request more information:

this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423

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.

Problems in Mining Project

March 2018

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.

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.

Minera Panama's Concession Renewed

August 2017

The Varela administration has extended the concession authorizing Minera Panama to extract copper from the mine at Donoso, in the province of Colón for a further 20 years.

The concession granted by the Ministry of Commerce and Industries is for an area of almost 13 thousand hectares, and will be in force until February 28, 2037.  

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.