Cobre Panama is a copper mine located in the Donoso District in Panama. It is owned and operated by First Quantum Minerals Ltd., one of the world’s largest copper producers.
In terms of production, Cobre Panama is one of the top 10 largest mines in the world, producing more than 270,000 tonnes of copper ore in 2019. It is also one of the largest sources of ore for First Quantum in the Americas region.
Cobre Panama can produce up to an impressive 4 million tonnes of metals per year. This comprises primarily of copper and gold, but also silver and molybdenum. Furthermore, the depth of the mine is estimated to be 1.4 km, making it a great source of minerals for over a century.
Despite its sheer size, the mine has made great efforts to manage its environmental impact, with numerous safety and environmental measures in place. This includes regular monitoring of the water levels in the tailing storage facilities and the use of specially designed filtration systems to prevent any pollution from entering the surrounding environment.
The mine has also made great efforts to benefit the local communities. With its community outreach programs, Cobre Panama has helped create jobs, fund education programs, and support local businesses. It is also helping to attract investments to the area, bringing economic growth and development opportunities to the local population.
Despite the ongoing COVID-19 pandemic, Cobre Panama has been able to keep its operations moving. First Quantum has been able to cut costs, while maintaining the quality and safety of its workers, which in turn positively impacts the wider local economy.
Overall, Cobre Panama is one of the most important miners in Central America, both for its production, and its contributions to the local economy and environment. By being one of the 10 largest mines in terms of production, Cobre Panama is playing an essential role in First Quantum Minerals Ltd.’s commitment to creating a sustainable future.
