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.
Josemaría Resources is set to start construction of US$3bn copper-gold project this year with first operations to start in 2026. The project will be one of the first to be built from a major new deposit cluster that sits on the Argentina/Chile border.
This week we interviewed Juan Oswaldo Luján Montes, a Peruvian Mining Engineer who gives us insight into what technologies mines are interested in. He has worked with major mining companies in Peru for over 20 years.
Although they have existed for decades, employee stock options are a new concept for many Chilean companies, startups, and employees. The tide is changing though. There is increasingly more interest from foreign and local companies who are wanting to provide their Chilean employees with stock options.
Chile is advanced in many areas but the banking industry is still very conservative and does live up to the expectations that foreigners have. It is by far the most difficult part of getting your company operational. We provide some practical tips to help companies improve thier banking relationships.
Argentina is seeking to increasing mining exports from the USD$2.6b it had in 2020 to USD$10b in 2030. The project pipeline is big enough that Argentina very well could have a chance to hit its goal. Check out out overview of the 4 most advanced copper projects.
The 2050 Mining Policy is an important vision that will lead the Chilean mining industry into the future. For mining suppliers, it offers some insight into the opportunities that exist in the Chilean mining industry where their products or services can be utilized to help the industry achieve its goals.
Santiago
Sydney
Lima