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.
Mining suppliers use subcontractors for a variety of reasons in Peru. For instance, installations of sensors or equipment at a mine site, maintenance and on-going support, or other technical equipment/services that are needed to support the main contractor. However, companies can find themselves in trouble if they do not understand the intricacies of how subcontracting laws work from both a legal and practical perspective.
Chile is making huge strides in transitioning away from coal-fired power plants. The new goal is to close all 28 coal powerplants by 2030, 10 years sooner then originally projected, and there is a chance that it could be accelerated even more. Check out our update to see where the country currently stands on its path towards decarbonization.
A study was recently released that evaluates trends in the Chilean mining industry workforce between 2023 and 2032. The goal of the study is to support public policy and the industry to identify gaps in human talent, training, technological impact, and gender equity. The study reviews trends from past years and has important projections for the next 10 years.
One of the more common risk for companies operating in Chile is related to employment laws and obligations. A recent change from the last couple years is the requirement for companies to register all employment related agreements with the Labor office. This has added an extra administration burden that some companies may not be following.
Argentina is a country that has tremendous resources and human capital but it has been in a constant economic battle. Newly elected President, Javier Milei, wasted no time with introducing reforms. His bills and decrees days after being elected intend to slash public spending to bring it in line with revenues and to cut key subsidies
Antofagasta Minerals has been aggressive with their plans to not only increase production but to improve the sustainability of its operations. With several significant project announcements in recent weeks, Antofagasta Mineral’s is well on its way to reach production levels of 900 thousand tons over the next few years. Check out our summary to find out more about Antofagasta Minerals operations and plans.
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