The world is more connected than ever, and mining technology and service companies are no exception. As they expand their reach globally, they need to follow their clients to new markets, from a copper mine high in the Andes to the icey cold winters of Northern Canada. When exploring new markets, it’s the classic “chicken or egg” dilemma: You want to see success before committing to the expenses of a local operation, but as soon as you start generating revenue, the risk of being classified as a PE increases.
Tuvimos la oportunidad de conversar con Jesus Caro R, Director para América Latina de Nextore, una empresa de tecnología en crecimiento con sus soluciones probadas de “Bulk Ore Sorting” para Minería.
The Boa Esperanca copper project, located in Para, Brazil. recently released its updated feasibility study which doubled life-of-mine copper production.
With the copper outlook looking favourible, there are many junior miners attracted to Chile hoping to find the next big discovery. When entering a new jurisdiction, it is important that foreign investors understand the basics of the mining law.
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%
Foreign companies operating in international markets need to be aware of how to manage the risk of corruption within their subsidiaries. This is particularly true in Latin America where operations can be far from the head office meaning local staff are often working with limited oversight.
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