Cobre Panama, the world’s 10th largest mine by extracted tonnes, is a copper and gold mine located in the Donoso district of Panama. Owned by First Quantum Minerals, the mine is one of the largest copper reserves in the world and has been in operation since 2018.
The Cobre Panama project is the largest single investment in the history of Panama and is expected to generate more than 10,000 direct and indirect jobs over the life of the project. It is also expected to contribute significantly to the country’s economic growth, with an estimated annual contribution of $1.5 billion to the country’s GDP.
The mine is a state-of-the-art operation, with a modern and efficient mining infrastructure. It is equipped with the latest technology and equipment, including a fleet of automated trucks, a high-tech control room, and a sophisticated ore sorting system.
The mine is also committed to responsible mining practices, with a focus on environmental protection and social responsibility. It has implemented a number of initiatives to ensure the preservation of the local environment, including the development of a reforestation program and the construction of a wastewater treatment plant.
The Cobre Panama project has also been a great success for First Quantum Minerals. The company has seen a significant increase in its share price since the project began, and it is now the largest copper producer in the world.
The Cobre Panama project is a great example of how mining can be a positive force for economic and social development. It has created thousands of jobs, generated significant economic growth, and provided a boost to the local environment.
First Quantum Minerals has shown that it is possible to develop a successful mining project while also taking into account the needs of the local community and the environment. This is a great example of how mining can be a positive force for economic and social development.
“Exploring Cobre Panama Mine”
