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.
Companies often overlook the importance of the dismissal letter. An improperly drafted dismissal letter will lack the legal grounds to ensure the cause of dismissal would be upheld if the matter were to go labor courts.
In part two of our summary, we will focus on the FutureSmartMining program that Anglo has been working on since 2017. The idea of the FutureSmartMining program is to reduce the environmental footprint from new ways of mining, by using precision mining technologies and data analytics.
For companies that originate from common law countries, you may not find some of the clauses you would typically be concerned such as Liquidated Damages and Consequential Losses. We provide a practical guide to contracts in Chile.
We have created a comprehensive summary of Anglo recent technology update for our clients and readers. If you read between the lines, you start to get a clear picture where the industry is going.
Antofagasta Minerals recently published their challenges for 2021 with the purpose of communicating their operational challenges from their various mines with the goal of generating solutions from suppliers.
It is not always exciting to think about but how we grant powers and structure companies from a corporate governance perspective but it plays an important role in how we protect the foreign shareholder and ensure the local entity is operating to the highest standard.
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