First Quantum hopes for speedy Cobre Panama contract renewal
The document, which has yet to be approved by Congress, will see First Quantum pay $375 million a year plus a royalty of 12% to 16% of the mine's gross profits.
More than half of them belong to Vale, whose Córrego do Feijão mine’s tailings collapsed last year, releasing a torrent of mining waste that killed about 270 people.