Portobelo is a port city in Colón Province, Panama. It is located on the northern part of the Isthmus of Panama. Portobelo was founded in 1597 by Spanish explorer Francisco Velarde y Mercado. After Francis Drake died of dysentery in 1596 at sea, he was buried in a lead coffin near Portobelo Bay. From the 16th to the 18th centuries, it was an important silver-exporting...