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.
Glencore’s, Enrique Caballero, recently presented at Exponor discussing the company’s technology strategy. We provide an overview and some of our own comments. This can be particularly useful for service and technology providers who are trying to understand where their solutions can potentially add value.
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.
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.
It was previously time consuming and complicated to incorporate a company, particularly for foreign companies that were looking to enter the market. This changed in 2017 when a new corporate vehicle was introduced known in Spanish as Sociedad por Acciones Simplificada (“SAS”).
Santiago
Sydney
Lima