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.
Joint ventures can be useful for foreign companies entering Latin America. Unfortunately, they often do not work out the way companies would hope. There is one stage of the process that can greatly improve the chances of success if it is done properly. Check out our blog this week for some good tips.
Mexico is an important mining jurisdiction. There is a lot of opportunities for suppliers with a healthy pipeline of new projects under construction. We have provided some information on the construction portfolio with some project information.
The Chilean government introduced the tax reform bill with proposed increases to the mining royalty to help fund social programs such as health care and pensions. We have provided a high-level assessment to help you understand how the increase to mining royalty will impact the industry.
Chile has faced a decade-long drought that has impacted local communities and whole industries alike. Codelco recently announced that it will build the country’s second largest desalination facility to provide water to the Chuquicamata, Radomiro Tomic, and Minister Hales Divisions.
Chile has faced a decade-long drought that has impacted local communities and whole industries alike. We interviewed Dr. Giancarlo Barassi, an expert in desalination and water reuse, who provided us insight into solutions and technologies that could help the country overcome the challenge.
Glencore’s, Enrique Caballero, recently presented at Exponor discussing the company’s technology strategy. We provide an overview and some of our own comments. This can be particularly useful for service and technology providers who are trying to understand where their solutions can potentially add value.
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