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.
Antofagasta Minerals recently published their challenges for 2021 with the purpose of communicating their operational challenges from their various mines with the goal of generating solutions from suppliers.
Suppliers looking to grow internationally need to be in Latin America considering the outlook for the industry. We have compiled a list of already operating projects to help suppliers understand the existing opportunities which should help as they build their sales pipeline.
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
5G will open up new opportunities in a variety of industries. We interview Carlos Sánchez, Technical Manager at Nokia, an expert in Technology and Telecommunications, who tells us in detail the benefits that 5G will bring to Chile.
Last year, a new 19% VAT on digital services was introduced in Chile. The new law has far reaching effects on all companies that provide software as a service to Chilean residents and companies.
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.