Panama Plans State-Owned Miner to Reopen Cobre Panama Copper Mine

Resource Nationalism & Investment Strategy Key Facts —State-owned proposal. Panama is considering creating a state mining company to hold the Cobre Panama concession and partner with First Quantum. —Ownership split. One model gives First Quantum a 60–65% stake and Panama 35–40%, with the concession owned by the state. —Lease alternative. A second option would lease…