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.
Mexico is an important mining jurisdiction. There is a lot of opportunities for suppliers with a healthy pipeline of new projects under construction. We have provided some information on the construction portfolio with some project information.
The Chilean government introduced the tax reform bill with proposed increases to the mining royalty to help fund social programs such as health care and pensions. We have provided a high-level assessment to help you understand how the increase to mining royalty will impact the industry.
Chile has faced a decade-long drought that has impacted local communities and whole industries alike. Codelco recently announced that it will build the country’s second largest desalination facility to provide water to the Chuquicamata, Radomiro Tomic, and Minister Hales Divisions.
Chile has faced a decade-long drought that has impacted local communities and whole industries alike. We interviewed Dr. Giancarlo Barassi, an expert in desalination and water reuse, who provided us insight into solutions and technologies that could help the country overcome the challenge.
Glencore’s, Enrique Caballero, recently presented at Exponor discussing the company’s technology strategy. We provide an overview and some of our own comments. This can be particularly useful for service and technology providers who are trying to understand where their solutions can potentially add value.
Once the Colombian entity is incorporated, the next step is to open the bank account. This is often the most frustrating part for foreign companies given how easy it can be to open a new bank account in other parts of the world. We have provided a fact sheet to help companies understand the most important questions that arise during the bank opening process.
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