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Economy & Business - February 2012 (ISSN 1741-7430)

MINING: Panama demonstrators win a round

Panama’s mining industry is getting used to annual indigenous-led protests against mining and hydro-electric projects. This year, after a week of protests which included two deaths, the government and indigenous groups from the Ngäbe Buglé comarca (an indigenous political administrative region) in Chiriquí, in the west of the country, agreed on 7 February to an eight point deal. The two key points are: an end to the protests (by the indigenous groups) and a promise by the government to resubmit a controversial mining law to congress. The government made an almost identical promise last year to defuse the protests then. The government has not backed down, however, on its plans to build hydro-electric power stations to power the proposed mine.

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