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.
For companies that originate from common law countries, you may not find some of the clauses you would typically be concerned such as Liquidated Damages and Consequential Losses. We provide a practical guide to contracts in Chile.
It is not always exciting to think about but how we grant powers and structure companies from a corporate governance perspective but it plays an important role in how we protect the foreign shareholder and ensure the local entity is operating to the highest standard.
Farmers require a technology that allows them to improve the water quality while at the same time making better use of the water resource available. There are technologies available today that allow for continuous and much more efficient production than what was available before.
Teck Resources’ flagship Quebrada Blanca Phase 2 (QB2) project in northern Chile is now more than 50% complete, and first production is on track for the second half of 2022
Water issues in Latin America are very important, particularly in Chile, given the reduced rain fall which has limited fresh water for agriculture and personal use over the past 10 years. Companies such as Utilis are providing technologies that are helping water utilities to save water and increase efficiencies of their distribution systems
The Ministry of Mining and Energy reported that a total of 100 mining projects had their environmental permits approved during the first quarter of 2021. Future global growth in the mining industry will mainly be from copper and lithium. Chile has a fantastic copper project pipeline and abundant lithium.
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