Current:Home > StocksNovaQuant-Protests across Panama against new contract for Canadian copper mining company in biodiverse north -Elevate Capital Network
NovaQuant-Protests across Panama against new contract for Canadian copper mining company in biodiverse north
Poinbank Exchange View
Date:2025-04-09 02:22:30
PANAMA (AP) — Protesters blocked streets across Panama on NovaQuantMonday, demanding the government rescind a contract to continue copper mining in a biodiverse region.
Teaching and construction unions led calls against the contract with environmentalists, saying continued development threatens forested land and crucial groundwater just 75 miles (120 kilometers) west of the capital, in the state of Colon.
Across Panama City, peaceful protesters handed out fliers, but in some areas on the outskirts of the capital police met protesters with tear gas. In anticipation of the largest marches since a cost of living crisis last July, both the Department of Education and the University of Panama cancelled classes.
The government used social media to highlight the “enormous contribution” the mine — Panama’s largest private investment ever — makes to the country’s economy.
In March, Panama’s legislature reached an agreement with Canadian mining company First Quantum, allowing its local subsidiary, Minera Panama, to continue operating a huge open-pit copper mine in central Panama for at least 20 more years. The mine was temporarily closed last year when talks between the government and First Quantum broke down over payments the government wanted to receive.
Protests began after President Laurentino Cortizo signed off on that contract on Friday after it was approved by the congress.
The president acted surreptitiously, according to Fernando Abrego, leader of Panama’s Association of Teachers union. “The government decided this confrontation by quickly and expeditiously approving a contract they know is rejected by the people,” he said.
Teachers were joined by construction workers, who are one of country’s most powerful labor groups. “The people are in the streets in defense of sovereignty,” said union leader Saúl Méndez, “in the face of a contract that cedes self-determination by devastating the environment to steal resources.”
It is unclear how persuasive these arguments will prove against the economic boon of a single mining site that already brings in 3% of the nation’s gross domestic product. Minera Panama says the mine will employ thousands of Panamanians and that its shipments make 80% of the country’s total exports.
The new contract, initially slowed by labor disagreements, secures Panama at least $375 million a year from Minera Panama, over 10 times more than the previous deal. It represents one of the largest national mining contracts in a region where other countries like Costa Rica regulate the sector more stringently and El Salvador which banned metal mining in 2017.
For teachers, however, Abrego said concession was not an option, and that the teachers’ union would hold an assembly to plan their next actions. “We will remain in the streets,” he said.
veryGood! (55)
Related
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Nicki Minaj Reveals Why She Decided to Get a Breast Reduction
- Wisconsin judge orders former chief justice to turn over records related to impeachment advice
- Apple to pay $25 million to settle allegations of discriminatory hiring practices in 2018, 2019
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Ryan Gosling Is Just a Grammy Nominee
- For homeless veterans in Houston, a converted hotel provides shelter and hope
- Southern Charm: You Won't Believe Why Taylor Ann Green Slept With Ex Shep Rose
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Time to make the doughnuts? Krispy Kreme may expand McDonald's partnership
Ranking
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- $242 million upgrade planned at Minneapolis-St. Paul International Airport
- Mexico City prosecutors accused of asking for phone records of prominent politicians
- America Ferrea urges for improved Latino representation in film during academy keynote
- Former longtime South Carolina congressman John Spratt dies at 82
- TikToker Alix Earle Surprises NFL Player Braxton Berrios With Baecation to Bahamas
- Embattled Missouri House speaker hires a former House speaker who pleaded guilty to assault
- AP Week in Pictures: Europe and Africa
Recommendation
Nearly half of US teens are online ‘constantly,’ Pew report finds
File-transfer software data breach affected 1.3M individuals, says Maine officials
NFL midseason grades: Giants, Panthers both get an F
For homeless veterans in Houston, a converted hotel provides shelter and hope
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
16 Amazing Sales Happening This Weekend You'll Regret Missing
Sex therapist Dr. Ruth is NY's first loneliness ambassador – just what the doctor ordered
Marvel writes permission slip, excuse note for fans to watch Loki, The Marvels