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Inmet Mining $4 billion project will be biggest private-sector investment in Panama

Monday, January 16, 2012

Despite the critics and the debates over mining in Panama, work is going ahead on a massive copper project.

With the approval of its environmental impact study, Minera Panamá --a unit of Canada's Inmet Mining-- is now getting ready to begin to build the mine.

The mine's reserves of 30 years make it one of the world¡s largest. Investment in development will come to some $4 billion, which makes it the biggest private-sector investment in Panama's history.

Original source (in Spanish): Panamá América