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Article

18 Dec 2023

Author:
Mining,
Author:
El Economista

Panama: Government rejected Orla Mining's permit extension plea, designates Cerro Quema gold project area as reserve zone

"Panama rejects Orla Mining’s request for permit extension", December 18, 2023.

Orla Mining...said Monday that the Panamanian government had rejected the company’s request for permit extensions at three mining concessions that made up its Cerro Quema gold project. The Vancouver-based miner said the government went as far as to declare the area comprising the concessions to be a reserve area, cancelling them altogether...It also noted the situation in the Central American country, which recently forced First Quantum to shut down its giant Cobre Panama copper mine, remained uncertain and evolving quickly...Pressed by massive protests against mining in Panama, the government of Laurentino Cortizo passed a bill on Nov. 2 banning all new mining concessions and permit extensions in the country...