First Quantum Starts Shipping Stockpiled Copper From Panama Mine

Dump trucks at the First Quantum Minerals Cobre mine in Donoso, Panama.

Photographer: Walter Hurtado/Bloomberg

First Quantum Minerals Ltd. has started shipping stockpiled copper from its stalled mine in Panama, 19 months after the operation was shut down by the country’s top court.

A bulk carrier called Lipsi departed on June 18 from Punto Rincon, a private port owned by First Quantum that’s used exclusively to ship out mined ores known as concentrate from the Cobre Panama mine, data compiled by Bloomberg showed.