Nito: Negotiations with Minera Panama are in the final stage

Negotiations to reach a new agreement with Panama Mining they are in the final stretch, President Laurentino Cortizo assured.

The head of the executive power admitted that during the talks on closing the contract there were obstacles with mine representatives.

“We are already in the final stages to reach an agreement, but that agreement must be beneficial for the Republic of Panama, for Panamanians and Panamanians,” he said during the tour.

Cortizo admitted that the current situation creates uncertainty, but reminded that it is on his shoulders to guarantee that the contract is positive for the country.

Minera Panamá took steps this week to formalize the suspension of contracts for an important part of its workforce, but the Ministry of Labor rejected their requests.

mineral processing operations They have been out of action since Thursday last week as the mine reached maximum storage capacity.

The Maritime Administration of Panama banned the shipment of minerals from Puerto Punta Rincón due to the calibration of scales.

In order not to harm the employees, Minera Panamá partnered with the union UTRAMIPA to implement the approval of vacations, before the suspension is implemented.

Cobra Panamá manager Alan Delaney said that if AMP lifts the suspension on concentrate deliveries, operations would quickly resume.

The government, for its part, requested companies to avoid creating an atmosphere of anxiety, especially with the issue of jobs that would be lost.