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.
Mauricio Jiménez, Managing Director of Schenck Process South America regarding their operations in the Regions, new trends in global technology, and opportunities for foreign suppliers.
Anglo American has provided an update on its Quellaveco mine in Peru. Construction has proceeded this past year and the project is an important part of the Peruvian mining pipeline.
Mining suppliers may use a local subcontractor for their installations at a mine site or to provide specialty services that are part of a larger contract but outside the suppliers’ core capabilities. The issue is that foreign companies can find themselves in trouble if they do not understand the risks that are particular to Chile and how to manage them when using subcontractors.
Víctor Barrientos, a Mechanical Civil Engineer from the University of Chile, who has worked as a Maintenance Manager with CAP Mining, Anglo American, and SQM, tells us about his experience in the Chilean mining industry.
Brian Pajares, a leader in mining technological innovation, and the current Innovation Project Coordinator at Buenaventura, provides insight into existing opportunities in the Peruvian mining industry and new trends in technology.
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.
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