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.
Anglo Americans’s Innovation and Technology Manager, Rodrigo Subiabre, presented some details on the company’s technology push at the Copper 2022 conference held last week in Santiago. For mining technology and service companies, updates such as these give insight into where the industry is going.
Although mining companies are increasingly open to innovation these days, there are still challenges for technology and service providers to navigate these companies. Mining companies are using open innovation calls to give more visibility to the problems they are trying to solve. We have provided a list of open innovation resources for South America.
Joint ventures can be useful for foreign companies entering Latin America. Unfortunately, they often do not work out the way companies would hope. There is one stage of the process that can greatly improve the chances of success if it is done properly. Check out our blog this week for some good tips.
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.
We interviewed Andres Recalde, a Senior Social Strategist that has spent the last 25 years working with mining companies in various parts of Latin America. In our interview, Andres provides his personal insight into what is happening in Peru, his idea about social acceptability rather than social license, and practical tips that exploration companies should consider when engaging with communities.
Paulo Aguilera, Chilean Mining Engineer, provides us insight into the Drilling and Blasting areas, what technologies are being implemented, and suggestions of how foreign providers can ensure they are successful when introducing new technologies.