Richard Fifer Carles

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Richard Fifer Carles

Richard Fifer Carles (born January 23, 1957 in Panama)[1] is a Panamanian businessman and former politician. He is called the "Father of modern mining in Panama" by Boletín El Minero .[2]

Early life and education[edit]

Richard Fifer is the son of Richard Glen Fifer Witte (son of Anne Witte and Elzy Fifer)[3] and a Panamanian mother, Celina Carles Montenegro (daughter of Celina Isabel Montenegro and Jorge Isaac Carles).

He attended primary school at St. Mary’s School, transferred in 9th grade to Curundu Junior High and completed in 1974 his High School education In Balboa High School.

After completing his elementary studies, Richard Fifer-Carles concluded his Bachelor of Science degree at the University of Utah. He is also participated in the Geophysical Engineering program Rice University and took advanced Finance studies at Tulane University.


As President and CEO of Petaquilla Minerals Ltd, Fifer has been involved in the mining project since its commencement.[4] He serves on the Board of Directors of Petaquilla Minerals Ltd. and has done so on more than one occasion. Petaquilla Minerals Ltd. is a Canadian-based mineral exploration company.

In 1993, he was appointed Governor of the Province of Cocle[5] during the presidency of Mireya Moscoso. While under the Ministry of Foreign Affairs Panama, he was also the President's Plenipotentiary Ambassador-at-large from March 2002 to September 2003. He later returned to the mining industry as President and Chairman of CODEMIN (Corporación de Desarrollo Minero), Panama's State Mining Company. He also assumed the role National Security Advisor[6] to the President of Panama from 1999 to 2002.

Fifer is the founder of Grupo GEO formed by seven companies that provided services and products to diverse industries, such as Oil, Aviation, Mining, Reforestation, and Technology. He is also currently chairman and CEO of another enterprise, Geoinfo International, S. A., a company that operates in Panama through its affiliated company, Geoinfo, S. A., founded in 1992. Its main activities are the development of mapping technologies, the integration of Geographic Information Systems and business intelligence consulting in the Republic of Panama.

Fifer created the Castilla Del Oro Foundation[7] which promotes sustainable development of rural communities in the central provinces in Panama. It aims to promote projects and provide structures that will turn the region into a cultural tourism destination.[8]

Fifer was honored with the title Caballero de Guadalupe in October 2011.[9]

Arrest Warrant[edit]

On February 5th 2016, the Panamanian government sent a request to the Interpol asking for the capture of Fifer for fraud. This is related to Petaquilla Minerals S.A. for which he was the Chairman and CEO.

Read more (in spanish) Interpol

Also Richard Fifer and the companies where he acted as CEO and/or Chairman of the Board are facing over 60 different lawsuits in the Republic of Panama, and in other jurisdictions.


  1. ^"Forbes"
  2. ^ Boletín El Minero - Número 18 Febrero 2011 - Año 2 (El Minero Newsletter - Number 18 February 2011, year 2)
  3. ^ 1940 United States Federal Census for Elzy Glen Fifer
  4. ^ Public Deed Petaquilla Minerals, Public Registry, Republic of Panama
  5. ^ Periódico Panamá América - 27 de noviembre de 2001 (Panama America Newspaper dated November 27, 2001)
  6. ^ Periódico La Prensa - Portada 4 de agosto de 2000 (La Prensa newspaper - Front Page August 4, 2000)
  7. ^ Revista Guacamaya Verde Número 8 Mayo-Junio 2010 Año 2 (Guacamaya Verde Magazine Number 8 June 2010 Year 2)
  8. ^ Boletín El Minero - Número 2 Febrero 2010 - Año 1 (El Minero Newsletter - Number 2 February 2010)
  9. ^ "CRISTOBAL COLÓN CABALLERO DE HONOR DE GUADALUPE". Caballeros de Guadalupe. La Coctelera. Retrieved 2012-09-04.