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First Quantum Minerals Addresses Supreme Court Ruling in Panama in Respect of Law 9 of 1997
First Quantum Minerals Addresses Supreme Court Ruling in Panama in Respect of Law 9 of 199...
About this update from First Quantum Minerals Ltd.
[{"type":"text","content":"\n\n\n\nFirst Quantum Minerals Addresses Supreme Court Ruling in Panama in Respect of Law 9 of 1997\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Sept. 25, 2018\n\n\n\nTORONTO, Sept. 25, 2018 /CNW/ - First Quantum Minerals Ltd. (\"First Quantum\" or the \"Company\", TSX Symbol \"FM\") today addressed the announcement of a Supreme Court ruling in connection to the constitutionality of Law 9 of 1997. \nMinera Panama, a subsidiary of the Company, understands that the Supreme Court ruling only affects the enactment of Law 9, and does not affect the mining concession contract itself, which remains in effect, and therefore allows continuity of development of the Cobre Panama project.\nMinera Panama is in the process of formally obtaining and examining the ruling and its applicability and is working with the appropriate parties to identify suitable legal remedies. Such remedies would need to be analyzed by the Supreme Court.\nThe Cobre Panama project employs over 12,600 people of which approximately 1,500 are from the nearby villages and towns. The project is the largest single private sector investment in Panama's history.\nFurther updates will be provided as warranted.\nOn Behalf of the Board of Directors of First Quantum Minerals Ltd.G. Clive NewallPresident                \n View original content:http://www.prnewswire.com/news-releases/first-quantum-minerals-addresses-supreme-court-ruling-in-panama-in-respect-of-law-9-of-1997-300718571.html\nSOURCE First Quantum Minerals Ltd.\n\n\n\nView original content: http://www.newswire.ca/en/releases/archive/September2018/25/c2350.html\n\n\n\n\nvisit our website at www.first-quantum.com; North American contact: Sharon Loung, Director, Investor Relations, Tel: (647) 346-3934 Fax: (604) 688-3818 Toll Free: 1 (888) 688-6577 E-Mail: [email protected]; United Kingdom contact: Clive Newall, President, Tel: +44 140 327 3484, Fax: +44 140 327 3494 E-Mail: [email protected] CNW Group 2018","length":3484,"tagName":"div"}]