StocksMediumUpdated•Originally published 30 September 2026•Updated 30 September 2026•
1 min read
Panama Commission Recommends Cobre Panama Restart to Facilitate Orderly Closure
Key Facts
1A Panamanian government commission will recommend to President Jose Raul Mulino to restart the suspended Cobre Panama mine.
2The proposed recommendation includes a state partnership with Canada's First Quantum Minerals.
A Panamanian ministerial commission recommended restarting the Cobre Panama mine to facilitate an eventual orderly closure. Reuters reported that the recommendation submitted to President Jose Raul Mulino frames the restart as a necessary step toward a structured shutdown of the facility operated by Canada's First Quantum Minerals.
The updated recommendation notes the involvement of Franco-Nevada via its existing streaming agreement following the mine's suspension in late 2023. FQVLF closed at $31.85 on September 29, 2026, with the stock trading between a low of $31.45 and a high of $31.85 during that session.