Gaby feels recent mining ruling will strengthen Panama in 2024.

Mining
When leaving the meeting, Carrizo declared to the media that uncertainty is experienced worldwide.

The presidential candidate for the Democratic Revolutionary Party (PRD), José Gabriel Carrizo, met on the night of this Thursday, December 21, with leaders of his group.

When leaving the meeting, Carrizo told the media that uncertainty is experienced worldwide. “It has been a five-year period full of challenges,” he emphasized.

The vice president of the Republic also recalled that there was a pandemic and then a war in Ukraine that has had effects on the cost of fuel.

However, he emphasized that the mining issue left a positive lesson for the country, since the institutions were strengthened, which is reflected in the respect for the ruling of the Supreme Court of Justice.

In addition, there is the orderly closure of the Cobre Panamá mine, in Donoso.

“These challenges undoubtedly have impactful economic consequences; we are already seeing the modification of the Gross Domestic Product,” he indicated.

He added that other challenges that the country will have are unemployment and the warning from rating agencies warning of significant economic risks.

When asked about the current socioeconomic situation in the country, Carrizo recalled that the PRD is the largest party and has caused the greatest social transformation in the country. “And that is the PRD that we are preparing to face an electoral contest for the benefit of all Panamanians,” he expressed.

No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Conservation
I never trust this SHIT PILE of an agency. Worst I have experienced in the free world.

https://www.laestrella.com.pa/panama/nacional/miambiente-inicia-auditoria-integral-a-la-mina-de-cobre-panama-FF16131657 This audit will assess everything from reforestation to waste management, ensuring that the mine meets its environmental, social, and legal commitments. The Ministry of Environment (MiAmbiente) announced the start of a comprehensive audit of the Panama Copper Mine project , which will verify compliance with all environmental, social, legal and tax commitments established …

Economy
Mulino decisions already having ripple effect in global markets.

https://www.mining.com/web/first-quantum-stock-jumps-on-panama-plans-for-mine-environmental-audit/ Shares of Canadian miner First Quantum Minerals jumped 6% on the Toronto Stock Exchange in early trading on Tuesday, following news that Panama would conduct an environmental audit of the Cobre Panama mine to decide whether it can safely be reopened. President Jose Raul Mulino officially took charge of …

Energy/Infrastructure
Steps being outlined for the definitive and final closing of a mining operation. Eyes open

http://elsiglo.com.pa/panama/presentan-plan-accion-para-cierre-ordenado-definitivo-cobre-panama/24242085 There are minimal preservation activities that cannot be completed overnight. The Minister of Commerce Jorge Rivera Staff presented the action plan for the orderly and definitive closure of Cobre Panamá, in order to guarantee that this process is carried out in a responsible and transparent manner, complying with the …