An estimated $5 million worth of gold was stolen from a fijian mine in Panama last week, according to officials.
The theft occurred at a gold mine owned by the Fijians Gold Mining and Trading Company in Managua.
The company says it discovered the theft on Friday, but it wasn’t immediately clear what was stolen.
It also said the gold was “untraceable.”
In a statement, Fijia said it is investigating and cooperating with authorities.
“We believe that the gold stolen was the property of the Ficani gold mining company,” it said.
Ficani, a subsidiary of the Mexican state-owned copper company Cenco, has been in talks with law enforcement officials in the U.S. to help recover the gold, according the Ficcans.
Cenco said in a statement on Sunday that it was “deeply saddened by this situation and our sympathies are with the victims.”
Gold prices have been volatile since the U and European Union imposed sanctions against Russia and China over their alleged involvement in the hacking of U.N. computers.
The United States has accused Moscow of backing a cyberattack on Democratic National Committee emails.