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.
Once the Colombian entity is incorporated, the next step is to open the bank account. This is often the most frustrating part for foreign companies given how easy it can be to open a new bank account in other parts of the world. We have provided a fact sheet to help companies understand the most important questions that arise during the bank opening process.
We interviewed Andres Recalde, a Senior Social Strategist that has spent the last 25 years working with mining companies in various parts of Latin America. In our interview, Andres provides his personal insight into what is happening in Peru, his idea about social acceptability rather than social license, and practical tips that exploration companies should consider when engaging with communities.
Alto Ley recently released a report called “Technological Strategy for Lithium in Chile”. In the second part of our summary, we are going to focus on the specific technologies that will be needed to ensure the future growth of supply from Chile is both efficient and sustainable.
Alto Ley recently released a report called “Technological Strategy for Lithium in Chile”. The document outlines the main gaps, challenges, and opportunities that the industry faces in matters such as productivity, new technologies, process improvements and sustainability. Check out the first part of our summary.
Incorporating a local company is an important step for companies who are serious about servicing the Colombian market. The issue is that many foreign companies do not know the intricacies of the incorporation process or the documentation that is required from the foreign shareholder. We have provided a practical guide so companies understand the process.
Paulo Aguilera, Chilean Mining Engineer, provides us insight into the Drilling and Blasting areas, what technologies are being implemented, and suggestions of how foreign providers can ensure they are successful when introducing new technologies.
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