Deal #3722

Panama
Created at
2013-05-09
Last update
2016-04-07
Last full update
2016-04-07

Land area

Size under contract (leased or purchased area)
  • [2013, current] 13600.0 ha
Comment on land area
The concession consists of four zones totalling 13,600 hectares.

Intention of investment

Intention of investment
  • [current] Mining

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)

Negotiation status

Negotiation status
  • [2013, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2014, 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.