Alma Solis
The general manager of National Bank of Panama, Javier Carrizo He said that in the case of Minera Panamá there are US$20 million in mortgages granted to collaborators of the mine.
«The issue of Minera Panama is going to have a very strong impact on the Panamanian economy and the National Bank of Panama does not escape it, we have approximately 20 million dollars in mortgages from employees of Minera Panama and now they will have to see how they are placed, obtained new jobs and we are going to do everything possible to help them with the issue of their credits, but it is not pleasant news,” said Carrizo.
Cobre Panamá, a subsidiary of First Quantum and which operates the copper mine in Donoso Panama, issued a statement on December 8 indicating that it received a formal instruction from the Ministry of Commerce and Industries instructing Cobre Panamá to “end operations.
This occurs after the publication of the ruling of the Supreme Court of Justice (CSJ) that declares the unconstitutionality of Law 406 of 2023, by which the contract between the State and the company is approved.
They announced that they had requested authorization from the Ministry of Labor and Labor Development (MITRADEL) to terminate the contracts of more than 4 thousand employees for justified economic reasons.
2023-12-12 03:09:00
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