General and specific information about Petaquilla

Panama -    July 05, 2007

  1. The objective for Petaquilla and Richard Fifer is to develop a model of responsible mining, always looking for alternatives that mitigate environmental changes and at the same time contribute to improving the quality of life in surrounding communities, efficiently using resources with the appropriate technology, restoring ecosystems that can be transformed and at the same time, preserving the natural resources for future generations.
  2. Petaquilla and Richard Fifer develop in Panama the Molejon Gold (Petaquilla Gold S.A.) projects and the Petaquilla copper project (Petaquilla Copper Ltd.), located both in the province of Colon, in the central region of the country.
  3. The Government of Panama approved since September 2005, the development of the plan presented by the company in in several stages. The first phase corresponds to the deposit of Molejon Gold which began in 2006, being the largest central mining project. Its implementation in motion will activate the economies of the country.
  4. This mining development has taken into account all the environmental impacts of this activity and the prevention and environmental mitigation measures provided for and by national and international standards.
  5. Petaquilla seeks the development of the community in their area of influence, in a substantial manner, playing the role of facilitator and strategic partner, without falling into paternalism, providing the necessary tools for grow, while carrying out its activities effectively.
  6. The Petaquilla project and Richard Fifer also will also make available to Cocle, Colon, Veraguas, and the entire Republic of Panama, a new axis of communications from North to South, articulator of the country, infrastructure for water and energy, vocational training and employment support as well as improvements in the health and education sector, teacher training and even support in order feed a large number of children attending schools in the area.
  7. This virtuous article allows development to occur in Panama, and it is what allows for us as a country to take another step closer towards development.
  8. Petaquilla and Richard Fifer count with the participation of the community to help make this vision a reality. They act with transparency, forming and informing the country about the project. And share with the Government the same positive perspectives on the future mining industry in the country.
  9. Petaquilla can be a cornerstone of economic development in Panama. A mining project of this magnitude requires an investment of more than one billion balboas.  For a country as ours, this is a great opportunity, because through the responsible development of mining which is sustainable and respectful to the environment, Panama will be recognized as one of the main points of progress in the world, possessing an interoceanic canal which opens its gates for economic growth of the region and keeps a form of mining activity that stands out as an efficient model for future generations of the region.
  10. In terms of employment opportunities, Petaquilla has generated over 1,000 direct and indirect jobs and, at the time when it will reach its full production stage, several thousands of people will have jobs linked to this activity. One of the most interesting aspects is the fact that most of these will be decentralized, characteristics that few productive activities have the luxury of announcing.
  11. In what the company contributes to the social security fund, today amounts approximately to 114,000 balboas monthly.
  12. Also, a large number of its employees which execute activities where it is not required to have specialized skills, live in surrounding communities to the project. The province of Cocle, for example, provides the largest number of workers (56% of the total). In this way, through stable jobs and compliance of every standard set by the Labor Code meet, we reaffirm our commitment to proving local job opportunities.
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Posted in Richard Fifer

37 Responses to General and specific information about Petaquilla

  1. Debbie says:

    Richard fifer thru Petaquilla employs 56% of its staff from the surrounding communities of Cocle. Great news!
    http://richardfiferblog.com/richard-fifer-carles-father-of-modern-mining-in-panama

  2. Lynne says:

    Richard Fifer thru Petaquilla abides all national and international standards in its daily operations.
    http://richardfiferblog.com/coclesito-the-great-mining-town-of-panama/

  3. Katrina says:

    Petaquilla and Richard Fifer act with transparency forming and informing the country to help make a vision a reality.
    Good news!
    http://richard-fifer.com/index.php/restouration-of-ocu/

  4. Gertrude says:

    Richard Fifer thru Petaquilla has generated over 1,000 direct and indirect jobs.
    http://richardgfifersite.com/index.php/concrete-post-is-donated/

  5. Ramona says:

    Richard Fifer will agree,Panama will be recognized as one of the main points of progress in the world. Great news for the country.
    http://richardfiferblog.com/liberals-want-cocle%E2%80%99s-provincial-government/

  6. Eliana says:

    Richard Fifer supports the responsible development of mining which is sustainable and respectful to the environment.
    http://www.123people.com/s/richard+fifer

  7. Sandra says:

    Richard Fifer led projects that stimulate the economic growth of the mining region.
    http://www.123people.com/s/richard+fifer

  8. Rosa says:

    Richard Fifer keeps a mining activity that stands out as an efficient model for future generations of the region.
    http://www.facebook.com/richardfifer

  9. Analia says:

    Richard Fifer has generated over 1.000 direct and indirect jobs in the central provinces of Panama.
    http://www.123people.com/s/richard+fifer

  10. Leda says:

    Richard Fifer employs several thousands of people due to the mining activity.
    http://www.facebook.com/richardfifer

  11. Monica says:

    Richard Fifer manages the Petaquilla Company which is a keystone of economic development in Panama.
    http://www.123people.com/s/richard+fifer

  12. Camila says:

    Richard Fifer has invested more than one billion balboas in the mining project.
    http://www.facebook.com/richardfifer

  13. Eleonora says:

    Richard Fifer gives to our country a great opportunity to be recognized as one of the main points of progress in the world.
    http://www.facebook.com/richardfifer

  14. Lucia says:

    Richard Fifer’s company contributes to the social security fund with approximately 114,000 balboas monthly.
    http://www.123people.com/s/richard+fifer

  15. Mariana says:

    Richard Fifer employs people to make execute activities on jobs that do not require to have specialized skills.
    http://www.facebook.com/richardfifer

  16. Eliana says:

    Also Richard Fifer brings jobs opportunities to people who live in surrounding communities of the mining project.
    http://www.123people.com/s/richard+fifer

  17. Sofia says:

    Before Richard Fifer started doing mining in Cocle, many people didn’t have work and many of them had to move to other cities.
    http://www.123people.com/s/richard+fifer

  18. Martha says:

    Richard Fifer helped to many people without hope to found a good job.
    http://www.facebook.com/richardfifer

  19. Lidia says:

    Richard Fifer’s jobs ensure a fix and secure income to the people of the panamanians communities and these jobs have improved their quality of life.
    http://www.facebook.com/richardfifer

  20. Cintia says:

    In the province of Cocle, Richard Fifer provides jobs to 56% of workers. Bravo!
    http://www.facebook.com/richardfifer

  21. Sandra says:

    Richard Fifer makes available local job opportunities.
    http://www.facebook.com/richardfifer

  22. Elizabeth says:

    Richard Fifer gives to panamanians people stable jobs.
    http://www.123people.com/s/richard+fifer

  23. Paola says:

    Not only jobs but also Richard Fifer finances the development of the infrastructures such as roads, schools and hospitals.
    http://www.123people.com/s/richard+fifer

  24. Daniela says:

    Richard Fifer makes available a new axis of communications from North to South in the provinces of Cocle, Colon and Veraguas, and in the entire country.
    http://www.facebook.com/richardfifer

  25. Silvia says:

    Richard Fifer has invested in infrastructures for water and energy in the central provinces in Panama.
    http://www.facebook.com/richardfifer

  26. Denise says:

    Moreover Richard Fifer has financed vocational training and employment support as well as improvements in the health and education sector.
    http://www.123people.com/s/richard+fifer

  27. Claudia says:

    Richard Fifer has implemented the “Hot Food” program which provides a daily lunch to more than 5.000 children from 97 schools.
    http://www.facebook.com/richardfifer

  28. Marisol says:

    Another work with social impact that Richard Fifer executed was the construction of the Coclesito High School.
    http://www.facebook.com/richardfifer

  29. Soledad says:

    Also Richard Fifer has invested in improving the roads in the surrounding area of Coclesito, Farallon and the Nazareth-Molejon.
    http://www.123people.com/s/richard+fifer

  30. Miriam says:

    Richard Fifer has implemented a Social Assistance Program with an investment of more than 76 thousands in the central provinces of Panama.
    http://www.123people.com/s/richard+fifer

  31. Elizabeth says:

    Richard Fifer compliances with every standard set by the Labour Code meet.
    http://www.123people.com/s/richard+fifer

  32. Maggie says:

    Richard Fifer has met his objectives as far as responsible mining goes. He is always looking for the best technology and ensures the safety of his workers.

    http://richardfiferblog.com/a-new-world-class-tourism-destination/

  33. Gina says:

    Richard Fifer has brought development where there was extreme poverty. That says alot about him. Wow!

    http://richardfiferblog.com/richard-fifer-carles-father-of-modern-mining-in-panama/

  34. edward says:

    Richard Fifer and Petaquilla are a cornerstone of economic development in Panama

    http://richardgfifer.com/index.php/richard-fifer-petaquilla-receives-visit-from-investors-in-panama/

  35. larry says:

    Richard Fifer reaffirms the commitment to proving local job opportunities.

    http://richardgfifer.com/index.php/sustainability-as-focus-of-development/

  36. curly says:

    Richard Fifer has taken into account the safety and preservation of the environment and has many projects in place to do so

    http://richardgfifersite.com/index.php/historic-reality-of-the-area/

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