-
Lettermen co-founder Tony Butala dies at 87
-
Byron Donalds wins Florida governor race and underscores Republican strength
-
James Talarico defeats Ken Paxton in historic Texas Senate result
-
Physicist Claims Alberta Data Center Releases Energy of 23 Atomic Bombs Daily
-
Commentator predicts possible US strike on Iran as regional tensions rise
-
Goa plans relationship-readiness course amid concern over divorces
-
Jordan Bardella's Wealth and Financial Transparency Under Scrutiny
-
Manchester United climbs standings after 3-2 Champions League win over Roma
-
India introduces four-layer motor insurance choice from December 15
-
Mutual fund returns show shifting leaders across market-cap categories
-
BHEL wins Adani Power projects valued at up to ₹28,000 crore
-
IndiGo holds talks with Embraer over potential order for 100 aircraft
-
India seeks threefold increase in coal stocks to prevent summer power shortages
-
Indian companies report mixed second-quarter results on November 4
-
Indus Towers expands solar-powered network to 50,000 telecom sites
-
KKR secures Indian regulator approval for Gentari Renewables investment
-
Merz Pledges Winter Aid to Ukraine and Announces 'Coalition of the Willing' Summit
-
Equitas Small Finance Bank rebounds after naming interim chief executive
-
Bharti Airtel revenue expected to grow at double-digit pace in second quarter
-
Titan quarterly profit seen rising as jewellery business drives growth
-
Italy Claims Curling Silver at European Championships in Ostrava
-
Indian crude-sensitive shares gain after 13% oil-price decline
-
Kuwait finance minister holds economic cooperation talks at COMCEC
-
Stocks and dollar fall as Democratic election gains reshape markets
-
Abdul El-Sayed declares victory in Michigan Senate contest
-
Kuwait marks key events and anniversaries from national history
-
Democrats Seize Congress in Midterm Sweep, Ending Trump Era Control
-
Democrats capture US Congress in sweeping midterm victory
-
Trump congratulates Democrats and signals willingness to cooperate
-
Manchester United rallies past Roma as PSG dominates in Champions League
-
Enel to Install Solar Panels at Niterói Waste Management Facility
-
Qatar prime minister advances mediation through diplomatic calls
-
Qatar sees tentative opening for renewed regional diplomacy
-
Greenland parliament approves security agreement with United States
-
Qatar Tourism joins Pacific Asia Travel Association at London travel market
-
Qatar envoy meets incoming UN General Assembly president
-
Abdul El-Sayed Wins Michigan Senate Seat in Historic Election
-
Trump Signals Willingness to Work With Democrats After Midterm Defeat
-
Qatar media bodies discuss support for humanitarian initiatives
Panama bans new mining deals, but fails to quell protests
Panama's President Laurentino Cortizo on Friday announced a ban on new metal mining concessions, but maintained a contract with a Canadian company that has sparked massive protests in the country.
In a televised address, the president said the government had issued a decree "declaring a ban on granting new metallic mineral concessions throughout the country."
Cortizo made no mention of the controversial contract with First Quantum Minerals, the Vancouver-based company whose Caribbean copper mine sparked demonstrations over potential environmental impacts and in which protesters have clashed with police.
"All new metal mining applications and also those that are currently in process will be rejected outright," the president said, adding that "this ban will be effective as of today."
Cortizo, who signed the decree before television cameras, said he made this decision "taking into account the different positions of society in relation to the issue of mining."
But his announcement did little to quell tempers at a protest by thousands of people that was taking place in the financial center of the capital even as he spoke.
- 'They're robbing you' -
Thousands of Panamanians marched again Friday to demand that the contract with the Canadian company, which operates the largest copper mine in Central America, be repealed.
"You who are watching, yes, they are robbing you too," protesters chanted as they banged pots and pans and waved Panamanian flags.
The demonstrations began a week ago and have drawn thousands of people, an unusual occurrence in this country of 4.2 million inhabitants.
"The government has not been listening to us, it has used all means to repress us and to suppress information," said activist and protest organizer Felipe Chon.
"The mine has been a bad deal for the nation, because of the ecological damage they have done," protester Alfredo Fonseca told AFP.
In the past week, the protests have grown, with street blockades set up in the capital and other cities, including some blocking the Pan-American highway that connects the country with the rest of Central America.
Schools were suspended all week and in some areas clashes broke out between stone-throwing protesters and police who fired tear gas at the demonstrators.
Protests intensified last Friday after Cortizo signed a bill establishing the mining contract. The demonstrators have been calling for that law to be repealed.
The Supreme Court had declared the original contract unconstitutional in 2017, but the government has argued that the new version sets out a minimum annual contributions from the mining company to the state of $375 million, 10 times the amount of the initial agreement.
In addition, the company and the government point out that the mine generates 8,000 immediate jobs and 40,000 indirect jobs, and will contribute four percent of the Panamanian GDP.
The contract allows the mining company to operate on Panama's Caribbean coast for 20 years, with the chance to extend for another 20. Since February 2019, the open-pit mine has been producing about 300,000 tons of copper concentrate per year.
R.Chavez--AT