Cobre Panama

Panama· ColonSuspended
Contained Copper
18.0 Mt
Average Grade
0.36%
Deposit Type
Porphyry Cu-Au
Discovery Year
1950

Overview

One of the largest new copper mines of the 21st century. Operations suspended in 2023.

Geological Context

Host Rock: Andesite porphyry (Miocene-Pliocene)

Tectonic Setting: Island arc

Geological Province: Central American Arc

Metallogenic Belt: Central American Porphyry Belt

Resources & Operations

Operator: First Quantum Minerals

Mining Method: Open Pit

Production Start: 2019

Data Provenance

Source: First Quantum Minerals reports

Last Verified: 2026-01-15