The growth in the mining sector has attracted foreign mining suppliers who are looking to tap into a healthy project pipeline that is set to come online over the next 10 years. One of the considerations that foreign companies need to understand when doing business in Peru is is how employee profit sharing works.
Full storyGold Fields announced in January 2021 that it had formally began construction of the mining infrastructure at the $860m Salares Norte project in the Atacama Region in northern Chile. The project unique circumstances means it will need to deploy high levels of technology making it one of most digitalized mines in Latin America.
Full storyCompanies often overlook the importance of the dismissal letter. An improperly drafted dismissal letter will lack the legal grounds to ensure the cause of dismissal would be upheld if the matter were to go labor courts.
Full storyIn part two of our summary, we will focus on the FutureSmartMining program that Anglo has been working on since 2017. The idea of the FutureSmartMining program is to reduce the environmental footprint from new ways of mining, by using precision mining technologies and data analytics.
Full storyFor companies that originate from common law countries, you may not find some of the clauses you would typically be concerned such as Liquidated Damages and Consequential Losses. We provide a practical guide to contracts in Chile.
Full storyWe have created a comprehensive summary of Anglo recent technology update for our clients and readers. If you read between the lines, you start to get a clear picture where the industry is going.
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