The Chief Executive Officer of Canadian miner First Quantum Minerals met Panama's commerce and industry minister on Monday to discuss disagreements over the firm's copper operations in the country, a person familiar with the matter said.
CEO Tristan Pascall flew to Panama over Christmas to attend the meeting in person with the minister, Federico Alfaro, according to the source, who said further talks are planned.A spokesperson for First Quantum declined to comment.
The government and the mining company have been discussing a deal that would have increased annual tax payments to Panama to at least $375 million. The Panamanian government ordered the firm to halt operations at the Cobre Panama mine after they both missed a deadline to reach an agreement.A government official said last week the country was
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