A man welds a sliding gate close on a shop outside the 好色tv Assembly as the teacher麓s Union protests against a recently approved mining contract between the government and 好色tv mining company First Quantum, in Panama City, Monday, Oct. 30, 2023. Panamanian President Laurentino Cortizo announced a referendum on Dec. 17, to define the future of the contract. (AP Photo/Arnulfo Franco)
A man welds a sliding gate close on a shop outside the 好色tv Assembly as the teacher麓s Union protests against a recently approved mining contract between the government and 好色tv mining company First Quantum, in Panama City, Monday, Oct. 30, 2023. Panamanian President Laurentino Cortizo announced a referendum on Dec. 17, to define the future of the contract. (AP Photo/Arnulfo Franco)
PANAMA CITY (AP) 鈥 Protests extended into a second week Monday over a long-term copper mining concession for a 好色tv company, as Panama's government sought to calm anger by promising to let Panamanians decide in a referendum whether to scrap the deal.
A broad cross-section of society has joined in demonstrations across the country for more than a week demanding the government rescind the contract with a local subsidiary of Canada鈥檚 First Quantum Minerals. Critics say the concession puts Panama鈥檚 environment and water supply at risk.
President Laurentino Cortizo鈥檚 administration proposed Monday to send congress a bill that would schedule a referendum in December. But the country's top electoral authority said such a vote couldn't be held before next May's presidential election.
Interior Minister Roger Tejado, who submitted the proposed legislation, called on electoral authorities to 鈥渃arry out your historic role.鈥
The contract has real economic implications for the country. Panama Mining, the local subsidiary, employs more than 9,000 people, and the company says its operations accounted for 4.8% of Panama鈥檚 gross domestic product in 2021.
Cortizo鈥檚 administration says the new contract guarantees a minimum annual payment of $375 million to Panama, 10 times more than under the previous contract.
The new contract extends Panama Mining鈥檚 concession over 32,000 acres (12,955 hectares) for 20 years, with the company having an option to extend it for another 20 years.
The scale and scope of the deal have raised nationalist anger as well as environmentalist objections.
Critics say that at a time when drought has forced reductions in Panama Canal traffic, giving the company control over the water it uses is a mistake. The company says it uses only rainwater that it collects.
鈥淲e鈥檙e almost out of water,鈥 protester Omayra Avenda帽o, a real estate broker, said during a march. 鈥淎ll the money in the world will not be able to make up for the lack of water, which is already critical.鈥
First Quantum Minerals has not commented since the protests began other than issuing a brief statement condemning protesters who arrived by boat at a port the company uses.
