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.
Argentina has taken a different approach to developing its lithium industry compared to its neighbours, which has it made it an investment destination. As the world’s fourth largest lithium producer, it is expected to triple its output in the near term as new projects are completed and they ramp up to their targets.
All companies and foreign shareholders operating in Chile require a local legal representative. It is common for foreign companies to not understand the legal representative role and are apprehensive about providing a power of attorney to a third party. Check out our guide to make sure you get it right.
The Peruvian Energy and Mines Ministry (Minem) recently released their updated forecasts on the project pipeline which now consists of 51 mining projects that include an investment of US$54.5 billion. We outline the new projects added to the list this year, as well as those that are projected to go into construction for 2024.
While Brazil has lots of opportunities for industrial technology and service companies, it also has some unique considerations compared to common law countries when contracting between parties. This is because there are several legal provisions that, if left undefined or unregulated in the contract, shall be applied regardless of the parties’ intentions.
Argentina’s mining industry is still under developed even though the country holds significant mineral resources. This is set to change over the next few years with a renewed focus by industry players and foreign investors who see the potential for world class copper deposits that could catapult Argentina onto the list of top 10 global producers by 2030.
Mining suppliers use subcontractors for a variety of reasons in Peru. For instance, installations of sensors or equipment at a mine site, maintenance and on-going support, or other technical equipment/services that are needed to support the main contractor. However, companies can find themselves in trouble if they do not understand the intricacies of how subcontracting laws work from both a legal and practical perspective.
Santiago
Sydney
Lima