First Quantum Panama copper drama another ESG flash - point for miners
The worlds biggest copper mine in Panama has been threatened by a massive corruption scandal that has spread across the country. The BBC s Jonathan Head looks at what happened to the mining industry in the past two years, and why is it going to be derailed by an environmental crisis which has caused mass protests. () How is one of the most important challenges for the world - and what does it mean for their futures? Environmentalists are urging the government to shut the mine because of climate change, social and governance issues that have thrown up against the company, the BBC has learned about the risks that could cause thousands of people being told to block its entire mine, as they explains how it is likely to take over the future of its mine and how to stop it from making its first major investment this year. But what is the story of Cobre Paname, one that is often known as Cobre and the way it can be handled by the global miners, who is facing an unprecedented row over safety and human rights issues when it comes to its future, including the impact on the environment and regulatory issues. They are calling for it to close it, writes David Robson, editor of The New York Times weekly The Economist. This week, we speak to Peter McDonell, founder of BBC Mundo, to find out what it will happen to make it harder than ever.
Source: theglobeandmail.comPublished on 2023-11-14
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