Central America
Central America’s biggest mine faces closure over tax spat
| By AFP | Francisco Jara |
Rising up through the lush vegetation of Panama’s Caribbean coast, a 125-meter chimney serves as a beacon for helicopters approaching the largest mine in Central America, which faces closure next week over a contract dispute.
Gigantic 400-tonne trucks slowly wind around the stepped slopes of a massive gash in the earth one kilometer wide, the ochre and grey of the copper mine standing in stark contrast to the verdant jungle surrounding it.
The activity could grind to an expensive halt in a matter of days.
Canadian mining giant First Quantum Minerals has until next Wednesday to sign a new contract with the government, which is demanding the company multiply the taxes it pays by 10.
If the parties do not agree, the disagreement could halt the work of a mining project considered the largest private investment in Panama’s history, contributing four percent of the country’s GDP and 75 percent of export revenues.
“We have been given a deadline to sign the new contract by December 14, to accept the new terms,” First Quantum’s manager in Panama, Keith Green, who is Scottish, told AFP.
“We intend to reach an agreement, but negotiations are a bit deadlocked,” he added.
First Quantum, one of the largest copper miners in the world, began commercial copper production at the site in Donoso in 2019, through its subsidiary Minera Panama.
It has spent $10 billion on earthworks, construction buildings to house more than 7,000 employees, the purchase of heavy machinery, a power plant, a port for deep-draft merchant ships, access roads, and re-forestation plans.
‘Fair income’
President Laurentino Cortizo in January announced plans to toughen the conditions of the mining license, with a new contract that would oblige the mining company to pay “at least” $375 million to Panama annually — ten times what it is currently paying.
“Panama has the inalienable right to receive fair income from the extraction of its mineral resources, because the copper is Panamanian,” he said.
This mine is “the biggest in Central America,” producing 300,000 tons of copper concentrate per year, said Green.
The deposit, discovered in 1968, lies on the Caribbean coast, 240 kilometers by road from the capital Panama City.
The company, listed on the Toronto Stock Exchange, built the Punta Rincon International Port next to the mine to transport the copper by ship, due to a lack of roads connecting the Colon port, 40 kilometers (25 miles) away.
Despite the uncertainty over the mine’s future, activity has not slowed and the company has continued to invest in the site.
A new 200-tonne drilling rig — as tall as a three-story building — was inaugurated in a ceremony on Tuesday, causing heavy air traffic.
Helicopter pilot Oldemar Arauz explains that most officials visiting the mine prefer the one-hour air trip to the four-hour drive on a narrow road from the capital.
The drilling rig, made in the United States by the Swedish company Epiroc, cost $6 million, and was transported to the mine in 10 trucks.
“Latin America has 200 of these drills, 50 in Chile and now three in Panama,” said Epiroc’s Latin America manager Hans Traub.
The drill was assembled by Chilean engineer Alex Gonzalez, who previously worked in Chuquicamata, the world’s largest open pit copper mine, situated in the Atacama desert, which has been operating since 1915.
Central America does not have the same mining tradition seen further south. Mining is illegal in Costa Rica and El Salvador, and while there is much potential for growth in Panama, the industry’s future is now hanging in the balance.
Central America
Arévalo accuses Porras and judge of undermining democracy in Guatemala
Guatemalan President Bernardo Arévalo denounced a new attempt at a “coup” orchestrated by the Attorney General’s Office. He also requested an extraordinary session at the Organization of American States (OAS) to address the country’s ongoing political crisis.
The president has been at odds with Attorney General Consuelo Porras, who has been sanctioned by the United States and the European Union for being “corrupt” and “anti-democratic.” Since 2023, Arévalo has accused Porras of launching investigations against his party, Semilla, and the 2023 elections as part of a scheme to prevent his inauguration in January 2024.
From the presidential office, Arévalo has said he continues to “resist” the “coup plotters,” but tensions escalated last Friday when Judge Fredy Orellana, at the request of the Attorney General’s Office, ordered the electoral court to annul the Semilla party’s promoter group. Arévalo interpreted this as an attempt to revoke the positions won by the party.
“Orellana, a hitman who distorts the law in service of Consuelo Porras, is attempting to force […] the unconstitutional removal of a mayor, 23 elected deputies […], the vice president, and the president of the country,” Arévalo said in a televised address on Sunday.
“We call on the international community not to turn a blind eye to the coup being attempted in Guatemala,” he added, speaking alongside his cabinet and congressional members at the National Palace in Guatemala City.
Arévalo requested that the Organization of American States hold an extraordinary session to present “the serious threats” to the Guatemalan Constitution and democracy perpetrated by Porras and Orellana.
Yesterday, Guatemalan Foreign Minister Carlos Ramiro Martínez reaffirmed the president’s statements, emphasizing the need “to go and expose the situation” Guatemala has been facing since last week due to the actions of the Attorney General’s Office.
Central America
New dismembered bodies found in San Juan river days after mass killing in Palencia
On the morning of Monday, October 27, Guatemala’s Volunteer Firefighters confirmed the discovery of two bodies and two human heads inside plastic bags in the San Juan River, located in the Zacualpía village at kilometer 21 of the Atlantic Highway, in the jurisdiction of Palencia.
The remains were found by personnel from Companies 85, 50, and Central, who responded after receiving a report about suspicious bags floating in the water. The gruesome discovery was made just a few meters from the site where eight tortured bodies were found under the San Juan Bridge on Friday, October 24.
Local authorities do not rule out a connection between both incidents and suspect they may be tied to the same criminal organization. Investigators from the Public Ministry and the National Civil Police arrived at the scene to gather evidence and transfer the remains to the National Institute of Forensic Sciences (Inacif).
According to data from the National Economic Research Center (CIEN), Guatemala recorded 2,154 homicides between January and August 2025, an increase compared to the 1,816 reported during the same period in 2024.
Central America
Four guatemalan soldiers arrested for stealing weapons from Northern Air Command
Four soldiers were arrested in connection with the theft of weapons from the Northern Air Command of the Ministry of Defense in Petén, Guatemala, following operations conducted by the Public Ministry (Prosecutor’s Office).
“During the operations, criminal scenes were processed, analyzed, and documented photographically, possible escape routes were identified, surveillance cameras were located, and potential witnesses were interviewed,” the Prosecutor’s Office explained in a social media post.
The detained soldiers were identified as Ludwin Jónathan Cardona Baltazar, charged with illicit association, dereliction of duty, and aggravated theft; and Josué Israel Pérez Jerónimo, Alain Omar Marroquín Soch, and Carlos Ernesto Ibarra Corrales, charged with dereliction of duty, according to Guatemala’s Prensa Libre.
The military personnel reportedly stole 55 rifles, 14,420 rounds of 5.56 mm ammunition, 92 magazines of 35 rounds each, 19 magazines of 20 rounds each, and three grenade launchers, “which were allegedly moved from the arms warehouse to the outside for illicit sale.”
The Ministry of Defense stated that it will keep its internal control mechanisms active to prevent similar incidents.
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