Minera Panama  is the biggest private investor   in the history of Panama and is  respectful  of national laws and trusts  in the legal security of the country

 The statement  by the company comes in response to the  Wednesday, May 29 rejection of a contract with the Panama State  by the  Economy and Finance Committee of the National Assembly

"We trust that the State will support the legal stability, necessary to boost the national economy, since, according to the forecasts of national and international experts, we are on track to contribute more than 3% to the growth of Panama's GDP as of 2020, "the company said.

Minera Panama said asserted that its operations in Panama are covered by current legislation, as well as by international investment protection treaties.

9000 employees
The mining conglomerate will continue to develop the Cobre Panama project, which currently employs more than 9,000 Panamanians, who develop and grow alongside the company.

In 2018, the Supreme Court declared unconstitutional the law that granted the concession for the exploitation of gold and copper to Petaquilla Mines now called Minera Panamá.

The Government argued that the ruling does not affect the concession.

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