Panama's Assembly looks to revoke contract for Canadian mining company after public outcry

The bill passed a second debate late on Wednesday and now faces a final vote Thursday in which no changes can be made.

Before legislators debated the extraordinary measure, Cortizo first proposed a national referendum on the contract. Eight lawsuits were also filed with Panama's Supreme Court arguing it was unconstitutional. Critics warned using a new law to revoke the contract could leave the government liable to legal action from Minera Panama. If, however, the Supreme Court declared the contract unconstitutional, lawyers said it would be annulled without the risk of possible multi-million dollar lawsuits.

The mine is “in the middle of a jungle,” according to Minera Panama’s own contractor, Jan De Nu Group. In particular, it lies in Panama's share of the Mesoamerican biological corridor, an important migratory route which studies estimate contains up to 10% of all known species.

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Panama's Assembly looks to revoke contract for Canadian mining company after public outcryPANAMA CITY (AP) — Facing a second week of impassioned, nationwide protests, Panama's National Assembly has nearly passed a new law revoking a controversial ...
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