December 1, 2007 / 3:36 AM / 12 years ago

UPDATE 1-Petaquilla Panama gold mine to open Jan 2008

(Adds background, details)

LA PINTADA, Panama, Nov 27 (Reuters) - Canada-based Petaquilla Minerals PTQ.TO will start production at a new Panamanian gold mine in January, a senior official at the project said on Tuesday.

The Molejon gold project will produce 120,000 ounces of gold in the first year, senior engineer Rafael Eysseric told Reuters.

The project has been criticized by some anti-mining groups but Eysseric said the protests would not delay the start-up date.

The engineer said there was “no risk” of the mine opening behind schedule. (Reporting by Andrew Beatty; Editing by Christian Wiessner)

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