Sat05192012

Last update12:07:14 PM

Back Central America Central America News Business Copper mine advances despite criticism from environmentalists in Panama

Copper mine advances despite criticism from environmentalists in Panama

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By Eliane Portillo

Despite the critics and the debates over mining in Panama, work is going ahead on a massive copper project.

With the approval of its environmental impact study, Minera Panamá a unit of Canada's Inmet Mining is now getting ready to begin to build the mine.

The mine's reserves of 30 years make it one of the world¡s largest. Investment in development will come to some $4 billion, which makes it the biggest private-sector investment in Panama's history.

 

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