Colombia always had the potential to become a major mining jurisdiction but the mining sector is now completely frozen. There is a high level of uncertainty due to the governments push to reform the mining code, create a state mining company, and new a environmental decree.
Companies entering Latin America often bring valuable intellectual property (IP) with them and they need to understand how to protect it. This intellectual property is often the reason they are successful in their home country and it also the reason they look are able to grow into new markets.
Peru has become an attractive emerging market for foreign investors. Particularly for foreign companies providing technology or services to the mining or industrial sectors. It is important for companies to understand the local labour laws when hiring workers in Peru as there are some key differences to other countries.
This week we interviewed Felipe Lagno, currently the Innovation Manager for the Northern Division of Codelco. Felipe outlines the current digital transformation and new trends in the Chilean mining industry.
We had the opportunity to speak with Federico Gálvez-Durand, an engineer with who has spent his career working in large companies, such as Oracle, IBM, Antofagasta Minerals and Teck.
Chile’s public works ministry will move forward this year with studies for seven water reservoirs worth close to US$1.9bn, which are part of a US$6bn plan to build 26 projects for water reservoirs and other water storage infrastructure.
5G will bring new opportunities for mining companies. Mining technology companies will benefit as they will be able to provide new technologies that will further automate operations creating safer and more efficient mines.