Franco-Nevada notes Panama government's approval for First Quantum to process 38 million tonnes of stockpiled ore at Cobre Panamá, estimating 23,000 gold ounces and 265,000 silver ounces deliveries to the Company.
Key takeaways
Government of Panama approved removal, processing, and export of stockpiled ore at Cobre Panamá mine.
Stockpile totals approximately 38 million tonnes of mineralized ore containing 70,000 tonnes recoverable copper per First Quantum.
Franco-Nevada estimates processing will deliver approximately 23,000 gold ounces and 265,000 silver ounces to the Company.
Estimate previously disclosed in Franco-Nevada’s 2025 MD&A dated March 10, 2026.
Details available in First Quantum’s news release dated April 7, 2026.