The debate over who bears the costs of mine closures continues

The initial plan to close the Donoso mine would cost more than the government had predicted.

Jorge Rivera Staff, Minister of Trade and Industry, said this Monday that estimates are estimated at 200 million dollars per year, but the company reported a higher number a few days ago.

“The information we’re working with, based on references to mines the size of Donosa, would be $200 a year. However, in the information the company has released, they’re talking about between $15 million and $20 million a month. That would increase that number for us.” Rivera told local media.

According to the head of MICI, at the moment the costs of care and maintenance are taken over by the company, but he reminded that Panamanian copper He is in a special situation because he can no longer generate income because his activity has stopped.

The minister explained that there is currently a discussion about who takes over these costs and who participates in them legal definition that must be specified.

Last week, Cobre Panamá stated that the monetary aspects require continuous sources of financing that must be defined in time to guarantee the objectives and sustainability of the plan.

Rivera’s staff added that the plan presented by Cobre Panamá is the first version because it has to be reviewed by the authorities.

He reiterated that pits and tailings are crucial in the process of mine care and maintenance.

Experts have warned against poor maintenance of these structures can lead to serious environmental problems, especially pollution of nearby water bodies.

The official also stressed that they will hold meetings with experts to build confidence around the closure project. In addition, he reminded that the next government must provide continuity.

“The trust to incorporate expert knowledge will give the next government a foundation for continuation. State policy must be built around the closure,” he pointed out.