Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3722

Deal #3722 Version #63140

Panama

Created at

2013-05-09

Last update

2013-05-16

Last full update

2016-04-07

Land area

Size under contract (leased or purchased area)

[2006, current] 13600.0 ha

Size in operation (production)

[current] 5897.0 ha

Comment on land area

The concession consists of four zones totalling 13,600 hectares.

Intention of investment

[current] Mining

Nature of the deal

Exploitation permit / license / concession (for mineral resources)

Negotiation status

[2009, current] Concluded (Contract signed)

Implementation status

[current] Startup phase (no production)

Comment on implementation status

Reserves of 3.06 billion tonnes of ore contain 26 billion pounds of copper and 7.3 million ounces of gold. Measured and indicated resources, which include the mineral reserves, contain 32.7 billion pounds of copper and 9 million ounces of gold. Inferred resources contain 18.3 billion pounds of copper and 4.4 million ounces of gold.