Colombia always had the potential to become a major mining jurisdiction but the mining sector is now completely frozen. There is a high level of uncertainty due to the governments push to reform the mining code, create a state mining company, and new a environmental decree.
The USD$1.5b Santiago-Melipilla train project was announced last week. This project will increase ridership by 50 million per year and is part of a larger USD$5 billion “Chile on Rails” investment program.
Codelco has broken ground at the $1.4 billion expansion of the Salvador copper mine, which will extend the productive life of the aging operation by 47 years and increase output by almost 50%
Over the last 6 weeks, we interviewed maintenance professionals from both the Chilean and Peruvian mining industry. The idea was to provide foreign companies with an inside view into the local maintenance function from the perspective of those actually working in it. Check out our summary.
The Dominga iron and copper mining project involves the construction of two open-pit mines, a mineral processing plant, a water desalination plant, as well as a seaport shipping terminal in the town of Totoralillo Norte, Chile.
The most common risk to companies operating in Latin America is related to employment laws and obligations. As part of our blogs series on labour considerations, we provide information on the types of benefits, social security, and leave that employees have as per Chilean Labour Laws.
Productivity in the Chilean mining industry has lagged that of other developed mining jurisdictions for some time. In response to these concerns, the government conducted a study in 2018 through Comisión Nacional de Productividad (CNP). We provide a summary of the report.
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