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.
Josemaría Resources is set to start construction of US$3bn copper-gold project this year with first operations to start in 2026. The project will be one of the first to be built from a major new deposit cluster that sits on the Argentina/Chile border.
This week we interviewed Juan Oswaldo Luján Montes, a Peruvian Mining Engineer who gives us insight into what technologies mines are interested in. He has worked with major mining companies in Peru for over 20 years.
Argentina is seeking to increasing mining exports from the USD$2.6b it had in 2020 to USD$10b in 2030. The project pipeline is big enough that Argentina very well could have a chance to hit its goal. Check out out overview of the 4 most advanced copper projects.
The 2050 Mining Policy is an important vision that will lead the Chilean mining industry into the future. For mining suppliers, it offers some insight into the opportunities that exist in the Chilean mining industry where their products or services can be utilized to help the industry achieve its goals.
The 2050 National Mining Policy outlines how the country could harmonize the development of the mining industry with the environment, achieve carbon neutrality, and grow the circular economy model. For mining suppliers, it provides critical insight into where the industry is going and what future solutions will be needed.
Peru is already a great market for mining suppliers but the pipeline of future projects makes it even more interesting. Peru has grown its copper production considerably over the last 10 years. The Peruvian Energy and Mines Ministry released their updated forecasts on the project pipeline. Check out our summary.
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