FQM CEO Updates Panama Collaborators and Suppliers on Contract Talks With Govt
Tristan Pascall, CEO of First Quantum Minerals Ltd., during his recent visit to Panama with the Board of Directors, met with collaborators of Cobre Panama, as well as with local suppliers of the company, with whom he shared an update on the status of the situation regarding the talks with the Government of Panama, with a view to the signing of a new contract.
Pascall indicated that “our goal remains to find an agreement with the Government that protects the more than 40,000 formal jobs and protects our investment. In the meantime, we will continue to support our workforce, communities and suppliers, to preserve the value and integrity of Cobre Panama.”
Cobre Panama has publicly reiterated that with the signing of the new contract the best interests of Panamanians will be guaranteed.
In addition, to the commitment to continue and improve environmental protections, as well as labor standards and labor training. Currently, 90% of the more than 7,300 employees of Cobre Panama are Panamanians, 67% from the interior of the country.
