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Central America’s biggest mine faces closure over tax spat

Photo: Luis Acosta / AFP

| By AFP | Francisco Jara |

Rising up through the lush vegetation of Panama’s Caribbean coast, a 125-meter chimney serves as a beacon for helicopters approaching the largest mine in Central America, which faces closure next week over a contract dispute.

Gigantic 400-tonne trucks slowly wind around the stepped slopes of a massive gash in the earth one kilometer wide, the ochre and grey of the copper mine standing in stark contrast to the verdant jungle surrounding it.

The activity could grind to an expensive halt in a matter of days.

Canadian mining giant First Quantum Minerals has until next Wednesday to sign a new contract with the government, which is demanding the company multiply the taxes it pays by 10.

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If the parties do not agree, the disagreement could halt the work of a mining project considered the largest private investment in Panama’s history, contributing four percent of the country’s GDP and 75 percent of export revenues.

“We have been given a deadline to sign the new contract by December 14, to accept the new terms,” First Quantum’s manager in Panama, Keith Green, who is Scottish, told AFP.

“We intend to reach an agreement, but negotiations are a bit deadlocked,” he added.

First Quantum, one of the largest copper miners in the world, began commercial copper production at the site in Donoso in 2019, through its subsidiary Minera Panama.

It has spent $10 billion on earthworks, construction buildings to house more than 7,000 employees, the purchase of heavy machinery, a power plant, a port for deep-draft merchant ships, access roads, and re-forestation plans.

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‘Fair income’

President Laurentino Cortizo in January announced plans to toughen the conditions of the mining license, with a new contract that would oblige the mining company to pay “at least” $375 million to Panama annually — ten times what it is currently paying.

“Panama has the inalienable right to receive fair income from the extraction of its mineral resources, because the copper is Panamanian,” he said.

This mine is “the biggest in Central America,” producing 300,000 tons of copper concentrate per year, said Green.

The deposit, discovered in 1968, lies on the Caribbean coast, 240 kilometers by road from the capital Panama City.

The company, listed on the Toronto Stock Exchange, built the Punta Rincon International Port next to the mine to transport the copper by ship, due to a lack of roads connecting the Colon port, 40 kilometers (25 miles) away.

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Despite the uncertainty over the mine’s future, activity has not slowed and the company has continued to invest in the site.

A new 200-tonne drilling rig — as tall as a three-story building — was inaugurated in a ceremony on Tuesday, causing heavy air traffic.

Helicopter pilot Oldemar Arauz explains that most officials visiting the mine prefer the one-hour air trip to the four-hour drive on a narrow road from the capital.

The drilling rig, made in the United States by the Swedish company Epiroc, cost $6 million, and was transported to the mine in 10 trucks. 

“Latin America has 200 of these drills, 50 in Chile and now three in Panama,” said Epiroc’s Latin America manager Hans Traub.

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The drill was assembled by Chilean engineer Alex Gonzalez, who previously worked in Chuquicamata, the world’s largest open pit copper mine, situated in the Atacama desert, which has been operating since 1915.

Central America does not have the same mining tradition seen further south. Mining is illegal in Costa Rica and El Salvador, and while there is much potential for growth in Panama, the industry’s future is now hanging in the balance.

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Central America

U.S. Authorities Accuse Guatemalan Nationals of Using False Information to Sponsor Migrant Minors

Senior officials from the U.S. Department of Justice and the Department of Homeland Security announced Thursday criminal charges against three Guatemalan citizens accused of using false information to sponsor migrant children who crossed the U.S.-Mexico border without a parent or guardian.

According to an indictment filed in Ohio, Maritza Cahuec Coc allegedly submitted at least 12 sponsorship applications, several of which were filed under aliases or contained materially false statements intended to secure custody of the minors.

Under U.S. procedures, unaccompanied migrant children apprehended at the southern border are placed in the custody of the Department of Health and Human Services, which is responsible for their care until they can be released to a qualified sponsor, such as a parent or relative living in the United States.

Prosecutors allege that Cahuec Coc, who reportedly entered the United States illegally in 2018, received payments between late 2020 and 2023 for helping bring 12 migrant minors into the country. Authorities claim she submitted fraudulent documents and misleading information to obtain approval for the sponsorship requests.

The case was announced during a joint press conference led by Acting Deputy Attorney General Todd Blanche and Homeland Security Secretary Markwayne Mullin. However, officials provided limited details about the investigation and instead focused much of their remarks on criticizing immigration policies implemented under the previous administration.

Republican lawmakers and Trump administration officials have frequently pointed to the increase in unaccompanied migrant children arriving at the U.S.-Mexico border during President Joe Biden’s term, arguing that the government failed to adequately oversee their care and placement.

During Thursday’s briefing, A. Tysen Duva, Assistant Attorney General for the Justice Department’s Criminal Division, alleged that Cahuec Coc used the identities of other individuals and falsely claimed family relationships in order to obtain custody of the children.

“Maritza submitted sponsorship applications using other people’s identities and falsely represented that the minors were the children of close relatives in order to secure their release,” Duva said.

The case remains under investigation, and federal authorities have not yet disclosed additional information regarding the other two Guatemalan nationals charged in connection with the alleged scheme.

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Central America

Bukele Tops Latin America’s Presidential Approval Ranking in June, Survey Finds

President Nayib Bukele of El Salvador, President Claudia Sheinbaum of Mexico, and President Laura Fernández of Costa Rica are the three highest-rated leaders in Latin America, according to the latest June 2026 presidential approval survey conducted by CB Global Data. The study places Peru’s interim president, José María Balcázar, at the bottom of the regional ranking.

Bukele leads the list with a 69.1% approval rating and a 27.6% disapproval rate, improving on the 67.5% positive image recorded in May. The Salvadoran president has maintained a state of emergency since March 2022 as the cornerstone of his anti-gang security strategy, a policy that continues to shape public perceptions of his administration.

Sheinbaum, Mexico’s first female president, ranks second with a 65.5% approval rating and 31% disapproval. Although she remains among the region’s most popular leaders, her support declined from the 67.8% approval registered in May.

Completing the top three is Costa Rican President Laura Fernández, who recently assumed office and now records a 56.1% favorable rating against 37.1% negative opinion. Her approval has risen significantly from the 52.7% reported a month earlier.

At the opposite end of the ranking is Peru’s interim president, José María Balcázar, who received only 18.2% positive approval while 71.7% of respondents expressed a negative view of his administration. Despite remaining last in the survey, he showed a slight improvement compared to previous measurements.

Second from the bottom is Venezuela’s acting president, Delcy Rodríguez, with a 29.5% approval rating and 64.8% disapproval. Nevertheless, she registered the largest increase in positive perception among all leaders surveyed, gaining more than five percentage points compared with the previous month.

Guatemalan President Bernardo Arévalo rounds out the group of lowest-rated leaders, posting a 33.1% approval rating against 63% disapproval. His support level declined from 36.9% in May.

Just outside the top three is President Luis Abinader of the Dominican Republic, who achieved a 54.8% approval rating and 42.2% disapproval, despite a decline from the 60.2% support recorded a month earlier.

Paraguayan President Santiago Peña follows with a 48.3% favorable rating and 48.2% disapproval, improving slightly compared with May. Meanwhile, Brazilian President Luiz Inácio Lula da Silva ranks sixth with a 47.6% approval rating and 48.1% disapproval, down from 49.5% the previous month. Lula is expected to seek another term in Brazil’s presidential election scheduled for October 2026.

Bolivian President Rodrigo Paz fell to seventh place after experiencing the largest decline in the survey. His approval rating dropped to 46.4%, while disapproval climbed to 52.3%, representing a loss of more than nine percentage points compared with May.

The CB Global Data survey, conducted across 18 Latin American countries, reflects shifting public sentiment toward regional leaders and highlights the growing influence of Central American presidents among the continent’s most highly rated governments.

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Central America

Civil Protection Reports Dozens of Weather-Related Incidents Following Weekend Storms

El Salvador’s National Director of Civil Protection, Luis Amaya, on Monday presented a preliminary assessment of the impacts caused by heavy rainfall recorded between June 5 and June 7, which was linked to a low-pressure system that generated intense precipitation across parts of the country.

According to the report, authorities responded to five landslides, 38 fallen trees, 34 blocked roads, and 55 flooded homes. Officials also recorded three houses with minor damage, six urban flooding incidents, and 11 vehicles affected by floodwaters.

The severe weather also caused two rivers in the department of Santa Ana to overflow, increasing concerns about potential flooding in nearby communities.

Authorities urged residents to exercise caution when crossing rivers and streams, warning that water levels can rise suddenly even if rainfall is not occurring in the immediate area. Officials noted that precipitation upstream can rapidly increase river flow and create dangerous conditions.

Amaya stated that all institutions within the National Civil Protection System remain fully activated and prepared to respond to emergencies generated by the ongoing weather conditions.

Public Works Minister Romeo Rodríguez said the government has more than 1,300 pieces of equipment available to clear roads and respond to infrastructure-related emergencies.

“We are ready to ensure that the country’s roads remain accessible. We will be monitoring conditions closely to keep highways and roads open,” Rodríguez said.

The minister also renewed calls for the public to avoid throwing garbage onto streets and drainage systems, stressing that improper waste disposal contributes significantly to urban flooding, particularly in densely populated areas.

Authorities continue to monitor weather conditions as forecasts indicate the possibility of additional rainfall in the coming days.

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