Sneak Preview: Mergers & Acquisitions in Mining Tech with Ivan Gustavino
In this sneak preview, Ax Legal’s Managing Partner Cody McFarlane speaks with Ivan Gustavino, Managing Director at Atrico, who has advised over 100 high-growth companies in mining, industrial tech, and software. With M&A activity heating up, Ivan breaks down what investors and buyers really look for in mining technology companies today.
Brazil’s mining sector is entering a new investment cycle that is both larger and more diversified than in previous periods. According to IBRAM’s latest outlook, total projected investments for the 2026–2030 period are expected to reach US$76.9 billion, representing a 12.5% increase compared to the previous investment cycle (2025–2029).
Chile plays a central role in global copper supply. A clear overview of the countries 2025–2034 mining investment pipeline, highlighting what has changed, which projects are driving growth, and the opportunities emerging for mining suppliers and technology companies.
Peru’s mining sector is entering a new investment cycle, and Southern Copper is positioning itself at the centre of it. With up to US$10.3 billion planned across major projects and infrastructure upgrades, the company is shaping one of the most significant copper development programs the country has seen in decades.
Ecuador has quietly positioned itself as one of the region’s most interesting emerging mining jurisdictions. A combination of geological potential, regulatory improvements, and a maturing investment environment is attracting the attention of major copper developers. The USD$3.5b Warintza project is one of the strongest early-stage copper projects globally, and it gives a clear indication of where Ecuador is heading as a mining country.
Ecuador is at a turning point. In just over five years, it has transitioned from a frontier jurisdiction to a credible mining destination. It’s essential reading for mining suppliers and technology companies looking to tap into one of Latin America’s most promising—and rapidly evolving—markets.
The Vicuña District, straddling the high Andes between Chile and Argentina, is shaping up to be one of the most significant new mining hubs in the Americas. For mining suppliers, it offers a multi-decade pipeline of work across some of the most advanced and exciting copper-gold projects currently in development.