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UPDATE 2-Inmet says Panama mine project not hit by law repeal
Canada's Inmet Mining Corp said on Monday its financing plans for a copper and gold project in Panama are still viable, even after the government repealed a law key to the mine's development…The law…changed Panama's mining code to allow foreign government investment in mines. It was crucial to Inmet's plans to partner with Singapore's state investor Temasek and Korea Resources Corp…to finance and build its…Cobre Panama project…[I]n a surprise move last week…President Ricardo Martilleni overturned the law, responding to pressure from indigenous groups who have staged recent anti-mining protests. Martilleni…was originally a major champion of the law.