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.
Working in foreign jurisdictions brings some unique challenges and risks. It is important for companies when they start looking at a new market or win a contract to have a clear understanding of how to deal with the obligations and liabilities that arise when working in a country where they do not have a legal entity.
SolGold’s Cascabel copper-gold project finally released their long-awaited prefeasibility study which did not disappoint and further proved that the project is a tier 1 asset. Check out our summary of the latest study.
Codelco plays an important role both locally and in the global copper market. Due to its size and importance to the copper industry, it is important for service providers to keep tabs on what the company is doing to better understand opportunties that may exist and where their offerings can be tailored to help Codelco reach its goals.
Ecuador is emerging as a mining investment hot spot in Latin America. There is already two projects already in production and some world class discoveries that should be built over the next few years.
Most business executives will agree that confidentiality agreements are a necessary tool to protect their intellectual property. What often is missed is whether they are being used properly. This starts with ensuring that each employee understand why we use them, when to use them, and how they should be used.
We interviewed Walter Javier Ortega, a Peruvian Mining Engineer with over 15 years’ experience across several operations in the Drilling and Blasting areas. Walter 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.
Santiago
Sydney
Lima