Colombia always had the potential to become a major mining jurisdiction but the mining sector is now completely frozen. There is a high level of uncertainty due to the governments push to reform the mining code, create a state mining company, and new a environmental decree.
Incorporating a local company is an important step for companies who are serious about servicing the Chilean market. The issue is that many foreign companies do not know the intricacies of the process in Chile or the documentation that is required from the foreign shareholder
Colombia always had the potential to become a major mining jurisdiction but the mining sector is now completely frozen. There is a high level of uncertainty due to the governments push to reform the mining code, create a state mining company, and new a environmental decree.
Teck Resources has emerged as a leading copper producer focused on growth. It started some years ago as it acquired and advanced base metal projects in both Peru and Chile. It now has one of the best copper pipelines out of any major producer.
Ley Karin came into force on August 1, 2024, establishing a clear legal framework for the prevention and punishment of harassment and violence in Chilean workplaces. The new law creates several obligations for companies that are important to understand.
Ecuador has incredible potential to become a major copper and gold producer. In recent months, the mining sector has had positive news with projects starting to advance as they have overcome obstacles related to community relations and permitting. Although there is some positive signs that the project pipeline is starting to advance, there is still a long road ahead for the country to become a major mining jurisdiction.
Chile’s mining industry has been in the spotlight over the last few years due to changes that the government proposed to the mining code and royalties. We highlight the most recent changes to the mining code that were published earlier this month.
As one of the world’s leading copper producers and a major agricultural hub, Chile’s economy is deeply intertwined with its natural resources. The change in climate has far-reaching impacts on various industries that are crucial to Chile’s economy. As climate change progresses, these industries must navigate the challenges posed by changing precipitation patterns, rising temperatures, and more frequent extreme weather events.