International Trade committee  Okay. I''m able to go back over the 20-year evolution. By the way, it was December of 1989 when Noriega was forced out of the country, and 1990 was the commencement of democracy in Panama. I have seen the development of free elections. I have no doubt that the elections of the pr

International Trade committee  The area of Donoso is an area that we would like to establish together with the government. The mining area is a fraction of that in terms of size, so when you put it in total dimensions it depends very much on what the Donoso protected area will look like in its final boundaries

International Trade committee  Absolutely. Inmet and people personally—I personally—believe that the Government of Panama needs to and should do more to protect the Meso-American biological corridor. I couldn't agree more. The concerns that people have are the same concerns that we have. The difference is th

International Trade committee  I do, absolutely. I think it's a huge benefit for Canadians and Canadian business, obviously, but it's also a tremendous benefit for Panama. In my 20 years of involvement, and particularly in the last 10 years, I recall a significant difference in the disappearance of the Panam

International Trade committee  That's correct. Minera Panamá is a subsidiary of Inmet Mining. Minera Panamá holds and operates the project. We own 80% of that, and we have a Korean partner that owns 20% of Minera Panamá.

International Trade committee  Yes, of course. I wasn't sure—

International Trade committee  Of course I do, yes. Was that your earlier question in the beginning?

International Trade committee  No. You asked me a question that I didn't relate to this one. This is the establishment of a protected area in.... I can't remember the date of that. We had filed an appeal to the way it was put in place. Since then, the government and the authorities have been working with us on

International Trade committee  That is correct, for the purpose of properly establishing the Donoso protected area. That is the objective, which has since been accomplished.

International Trade committee  That would be in the area of Donoso. That's correct.

International Trade committee  That's part of the area. You're talking about a fairly large area.

International Trade committee  I think the point was made earlier on that, but I'll give you one example. We're currently, as part of our project, negotiating with two companies for the supply of equipment. It's approximately $300 million to $400 million. That's mining equipment that will be imported. Both c

International Trade committee  I think you just have competition moving faster and quicker.

International Trade committee  Yes, sure. Again I'll give you an example. We went through the approval of the environmental and social impact assessment. When the question was raised earlier of whether or not such a process exists, I answered, “Yes, it does”, and I find it very comparable to the process in C

International Trade committee  Well, I think it's extremely high. I think the Panamanian government and the people in government and the population as whole, to the extent that they have knowledge, appreciate that Canada is a leader in the extractive industry and a leader in exporting corporate responsibility