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The Independent UK
The Independent UK
National
Via AP news wire

Canadian firm blames Panama for closure of copper mine

Panama copper First Quantum
Copyright 2022. The Associated Press. All rights reserved

A Canadian company claimed Friday the government of Panama has cut off talks with it, resulting in the closure of a huge copper mine.

Canada’s First Quantum Minerals Ltd. said in a statement that it had been negotiating with the government of Panama, which wants vastly increased royalty payments of $375 million per year from the company.

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