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.
The Boa Esperanca copper project, located in Para, Brazil. recently released its updated feasibility study which doubled life-of-mine copper production.
Chile has recorded an impressive economic expansion during the last three decades. Foreign direct investment has been an important part of that growth. Check out our overview of the benefits.
With the copper outlook looking favourible, there are many junior miners attracted to Chile hoping to find the next big discovery. When entering a new jurisdiction, it is important that foreign investors understand the basics of the mining law.
Transfer pricing poses a significant risk to companies who are operating internationally since many countries are looking at these arrangements to ensure that profits are not being shifted to lower tax jurisdictions unfairly. It is important that companies understand how transfer pricing works in every country they are operating in.
Hot Chili is one of the junior mining companies that has been the most successful in Chile over the past 5 years. The company’s exploration success has continued throughout the pandemic in 2020 and 2021.
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