Feb. 6 that Panama’s maritime authority took “several actions to obstruct operations” at the company’s Punta Rincon shipping terminal, including “conducting extraordinary and unusual” inspections and instructing maritime pilots “not to provide service to vessels.”Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
“The resolution is part of a series of escalating attempts by the government to pressure the company into accepting a refreshed concession contract on the government’s terms,” First Quantum said in a statement, adding that the steps were “untimely and unnecessary” considering the recent progress made with regards to a new deal between the two parties.