Site map

News and Events

View All News

President's Letter

Welcome to Minera Panama's website.  We are proudly developing the Cobre Panama project to create Panama's first world-class mine.  Our mine plan has three porphyry copper deposits with low impurity levels and a thirty-year mine life.  The ore will be treated in a state-of-the-art concentrator to produce a clean copper concentrate.

Ours is one of the world's elite undeveloped copper deposits. Its development will allow the copper industry to supply the metal to other industries that use copper, a metal essential to our modern society.  From Panama's advantageous geographic location, we will competitively ship our product, a 30% copper concentrate, to the major copper smelting and refining locations in Asia and Europe.

The execution of this project will be a challenge, given its size, scale, and novelty in the region.  Cobre Panama represents the largest private investment in Panama's history, so we are working with the Panamanian government, local communities, non-governmental organizations (NGOs) and other stakeholders to ensure maximum benefits and minimum negative impact to Panama and its people. We are conducting this operation with the Minera Panama team based in Panama City and our crew at the project site in the Donoso District, Province of Colon.  Cobre Panama will transform Panama into the eleventh largest copper producer in the world, thereby leading to the development of a new, highly beneficial industry.

This website shares some of the technical, social and environmental plans that will make Minera Panama one of the major businesses ― and the largest exporter ― in Panama.  We appreciate your time in reviewing the information available on this site and kindly appreciate your support and feedback.

 

Ernie Mast

President and CEO