Cobre Panamá

One of the world’s largest new copper mines of the past decade.

Key metrics

3bt
tonnes of proven and probable mineral reserves
5%
of Panama’s GDP in 2023
Up to 1.5%
of global copper in 2023

Preservation & Safe Management

Preservation and Safe Management

Following the halt to production in November 2023, First Quantum placed Cobre Panamá into a phase of Preservation and Safe Management. This means we are working to safely and responsibly manage
the mine.

We are committed to working transparently and openly with the Government of Panama to find a long-term solution in the best interests of all stakeholders.

On our dedicated operation site we help to sift the truth from the myths. Or you can find out more at our FAQs.

With 3 billion tonnes of proven and probable mineral reserves, Cobre Panamá is one of the largest copper mines opened globally in the past decade. Located in Colon Province, 120km west of Panama City, the production complex includes one open pit, a processing plant, a 300-megawatt power station and an international port.

Creating a positive sustainable impact

2.3%
of Panama’s total formal workforce employed
US$130m
social investment since project inception
4k
hectares reforested

Using copper to help power the future

The copper extracted from Cobre Panama is vital to a number of industries. It is used to power homes, build electric vehicles and renewable energy infrastructure and a key resource in the transition to green energy.

Become
a trusted
supplier

Local suppliers
We actively search for and work with local suppliers at each of our operations and projects. We want to hear from experts who share our values and are able to help us achieve our goals. Your journey to become a trusted supplier could start today.

Find a career,

not a job

We hire and train experts, helping every colleague to achieve their full potential. Our lean culture provides the freedom to help us grow and shape our own careers. If you’re looking to start your career, we have fantastic learning opportunities. Careers at First Quantum are as diverse as the locations we work in around the world.

Stay up to date

Sign up to receive updates with insights and stories from around First Quantum, our operations, our projects and our communities.

Sign up