Panama has significant resources of copper, gold, silver, and zinc. The mining industry has undergone significant growth in recent years with large scale mining projects such as the Cobre Panama copper and the Molejon gold mine. The Cobre Panama copper located in the Donoso district of the Colon province began operations in 2019. The mine is expected to produce over 350,000 tons of copper per year. The Molejon gold mine is located in the Herrera province. The mine began production in 2009 and has produced over 600,000 ounces of gold to date.
Mining has had both positive and negative impacts on Panama. The economy has benefited from the mining revenue and Panama mining jobs have significantly impacted employment in several small rural communities, but the social and environmental impacts of mining have been negative. As per the Ministry of Commerce and Industries of Panama, mining jobs represented 12,000 positions in 2018, a 17% increase in Panama mining employment from 2017. The majority of these jobs were in the extraction and processing of copper and gold. Large scale mining in Panama is a relatively new industry and Panama mining recruitment statistics indicate there is opportunity for growth in the region. Positions most in demand in the Panama mining sector include engineers, geologists, finance specialists with mining expertise and professionals skilled in new technology and data management. Despite its size, Panama offers workers a diverse and enriching environment in which to work, live and play. From beautiful beaches and rainforests to well-developed main cities with excellent infrastructure and career opportunities, world class healthcare and educational facilities, Panama is a culturally vibrant, progressive country.
GateSource HR is a specialist in mining recruitment. Whether you are looking to diversify your career and take on a new challenge or are a mining house with specialist recruitment needs, GateSource HR can assist you in finding and recruiting your next career move or executive placement.