First Quantum — Cobre Panamá (idle)

Panama · Mine · Permitting · TSX:FM

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PA · PanamaLatin AmericaPermittingMineTSX:FM

First Quantum — Cobre Panamá (idle)

Largest copper mine in C. America, court-ordered closure 2023. Arbitration & restart talks ongoing 2026.

ESG score
42
0–100
Annual capacity
350k t/y
nameplate
Established
2019
7 years
FEOC status
Compliant
OFAC + EU + UK

Materials produced

CuModerate
Copper Cathode (LME Grade A)
USD / tonne9,820

Compliance signals

  • IRA §30D (US Treasury)Review required
  • EU CRMA strategic projectNot eligible
  • OFAC consolidatedClear
  • UK HMT sanctionsClear
  • Beneficial ownershipVerified
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Certifications & standards

ISO-14001
Environmental management systems standard.

Risk flags

  • Operations suspended
  • Constitutional litigation
Country risk context

Panama — Cobre Panamá suspension under constitutional litigation. Restart depends on 2026 negotiation.

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