Friday, April 26, 2024

Logo Central America Link

Mining jobs coming to one of Panama’s poorest areas. Canada’s Inmet Mining to invest $4.3 billion

Monday, August 29, 2011


In February, Minera Panamá will begin construction of the infrastructure of its copper mine in Donoso, Colon province, and will create thousands of jobs in the second poorest area of the country.

The company, owned by Canada’s Inmet Mining, will be investing over $4.3 billion  in the project  and will produce  about 3,000 direct jobs during construction and 2,000 in the ongoing operation.

An environmental impact assessment shows that 6,000 people live within 20 kilometers of the mine, including farmers and indigenous people.  Most lack health facilities and have only basic education. Some families depend on subsistence farming and artisanal mining.

Original source: Newsroom Panama