By Adriano Marchese


Franco-Nevada Corp. said Wednesday that its subsidiary is planning to stop production at its mine in Panama.

The Canadian gold-focused royalty and streaming company said that Minera Panama S.A. is in the process of responding to direction by Panama's Ministry of Commerce and Industries to prepare a plan to put the Cobre Panama mine into a care-and-maintenance mode.

Formal discussions with the government of Panama have been resumed since Dec. 26, but its operations there haven't been affected, it said.


Write to Adriano Marchese at adriano.marchese@wsj.com


(END) Dow Jones Newswires

12-28-22 0648ET