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Canadian miner First Quantum Minerals was finally able to reach a deal with Panama's government after its shock treatment of the country's largest ever foreign investor. (Photo: Cobre Panama/Frst Quantum)
Inocencio Galindo, Aristides Anguizola and Ramón Varela, Morgan & Morgan. (Latinvex collage)
Wednesday, March 29, 2023
Legal Briefs

Morgan & Morgan Advises First Quantum-Panama Deal


Panama firm advised on resolution of conflict that shocked investors.

 

BY LATINVEX STAFF

 

Morgan & Morgan Legal served as lead Panamanian legal counsel to Canadian miner First Quantum Minerals Ltd. (FQM) and Minera Panama, S.A., a subsidiary of FQM, in all aspects related to the negotiations with the Government of Panama for a refreshed mining concession agreement for the Cobre Panama Project, one of the ten biggest open-pit copper mines in the world, which is the result of a $10 billion private investment – the largest in the history of Panama.

 

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Keywords: Arbitration, Canada, Dispute, Laurentino Cortizo, FDI, Mining, Morgan & Morgan, Panama

 

 

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