April 24 (Reuters) - Canadian miner First Quantum Minerals said on Wednesday the likelihood of taking out the 121,000 tonnes of copper from its disputed Cobre Panama mine can only happen after the Panama national election.

First Quantum's Cobre Panama is under preservation and safe maintenance after the current Panama government ordered the closure of the copper mine last year.

Panama goes to polls in May this year. (Reporting by Divya Rajagopal; Editing by Krishna Chandra Eluri)