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.
We had the opportunity to speak with Federico Gálvez-Durand, an engineer with who has spent his career working in large companies, such as Oracle, IBM, Antofagasta Minerals and Teck.
Chile’s public works ministry will move forward this year with studies for seven water reservoirs worth close to US$1.9bn, which are part of a US$6bn plan to build 26 projects for water reservoirs and other water storage infrastructure.
5G will bring new opportunities for mining companies. Mining technology companies will benefit as they will be able to provide new technologies that will further automate operations creating safer and more efficient mines.
Gold projects in Latin America continue to advance. There are 6 mega projects in the pipeline with a capex of at least USD$1B and have a potential output totaling around 3.3Moz/y
Santiago
Sydney
Lima