Cobre Panama, the World’s 10th Largest Mine by Tonnage Extracted
Cobre Panama, located in the Donoso district of Panama, is one of the world’s 10 largest mines by tonnage extracted. Owned and operated by the Canadian mining company First Quantum Minerals, Cobre Panama is a copper-gold-silver mine that began operations in 2018.
The mine is estimated to contain over 10 million tonnes of copper, and is expected to produce an average of 300,000 tonnes of copper per year over the next 20 years. This makes Cobre Panama one of the largest copper mines in the world.
The mine is located in a remote area of Panama, and has been a major source of employment for the local population. The mine has created over 4,000 direct jobs, and has had a positive impact on the economy of the region.
In addition to providing employment, the mine has also had a positive impact on the environment. First Quantum Minerals has invested in a number of environmental initiatives, including the construction of a water treatment plant to ensure that the water used in the mine is clean and safe. The company has also implemented a number of measures to reduce its carbon footprint, such as the use of renewable energy sources and the installation of solar panels.
The mine has also had a positive impact on the local community. First Quantum Minerals has invested in a number of social initiatives, such as the construction of a school and a health clinic, as well as the provision of scholarships to local students.
Cobre Panama is an example of how mining can be a positive force for economic and social development. The mine has created thousands of jobs, and has had a positive impact on the environment and the local community. First Quantum Minerals is committed to responsible mining practices, and is an example of how mining can be done in a sustainable and socially responsible manner.
“Cobre Panama: One of World’s 10 Largest Mines”
