Cobre Panama Mining Concession Contract Enacted into Law in Panama

Rhea-AI Summary

Franco-Nevada Corporation announces enactment of mining concession contract for Cobre Panama mine

Positive

• Enactment of Law 406 marks final step in revising legal framework for Cobre Panama mine

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• None.

TORONTO, Oct. 23, 2023 /PRNewswire/ - Franco-Nevada Corporation (TSX: FNV) (NYSE: FNV) is pleased to announce that it has been advised by its partner First Quantum Minerals Ltd. ("First Quantum") that, on October 20, 2023, Law 406, which approves the refreshed mining concession contract for the Cobre Panama mine, was enacted into law in Panama. First Quantum noted that the enactment of Law 406 marks the final step in revising the legal framework for the Cobre Panama mine.

For more detailed information, please refer to First Quantum's press release dated October 22, 2023.

View original content:https://www.prnewswire.com/news-releases/cobre-panama-mining-concession-contract-enacted-into-law-in-panama-301964328.html

SOURCE Franco-Nevada Corporation

FAQ

What is the news about?

The news is about the enactment of the mining concession contract for the Cobre Panama mine.

Who announced the news?

Franco-Nevada Corporation announced the news.

What is the significance of Law 406?

Law 406 marks the final step in revising the legal framework for the Cobre Panama mine.