Temasek's collaboration with Inmet on Cobre Panama project blocked by new law

Reuters, 7 Mar 2011The law, passed less than a month ago, 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 -- backed by state-run Korea Resources Corporation (KORES) -- to finance and build its $4.3 billion Cobre Panama project. Full story