Latin American business
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Rio Times Online · Brazil/Latin America · Cobre Panama audit scores 88%, unlocking 70,000t copper stockpile as full restart decision nears
Reports the April 2026 Panamanian government resolution authorising First Quantum to process and export approximately 38 million metric tons of ore stockpiled on site before the closure, expected to yield about 70,000t of copper at current process rates, worth roughly $730m at $4.70/lb copper.
“Panama unlocks copper from the shuttered Cobre mine, authorising stockpile processing worth about $730m.”