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flag Panama to allow First Quantum to process stored ore at closed Cobre Panamá mine to reduce environmental risks.

flag Panama’s government plans to authorize First Quantum Minerals to remove and process stockpiled ore at the closed Cobre Panamá mine, a step the company says will reduce environmental risks like acid rock drainage and support tailings management. flag The move, welcomed by CEO Tristan Pascall, does not constitute a full mine reopening or new mining activities. flag First Quantum is awaiting formal approval and continues arbitration to protect its rights. flag The mine, once a major global copper producer, shut down in 2023 due to protests over taxes and environmental concerns. flag Panama aims to decide the mine’s future by June.

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