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Investment Challenges
According to Diego Hernández, president of SONAMI: "Guaranteed land claims is one of the biggest factors that attracted international investment to the Chilean mining industry in the first place.[...]of the declining underground water supply, mining companies have been investing in desalination plants.Looking Forward While efficiencies are being created to combat water scarcity issues, and a robust, albeit bureaucratic, regulatory process is necessary for a mining economy of Chile's scale, land claim and mining license legislation appears unlikely to change in the short-term.Because land availability is scarce compared to Chile's actual exploration potential, junior companies wishing to enter Chile would be practically better off acquiring projects from or joint venturing with existing juniors in the country.
Investment Challenges
According to Diego Hernández, president of SONAMI: "Guaranteed land claims is one of the biggest factors that attracted international investment to the Chilean mining industry in the first place.[...]of the declining underground water supply, mining companies have been investing in desalination plants.Looking Forward While efficiencies are being created to combat water scarcity issues, and a robust, albeit bureaucratic, regulatory process is necessary for a mining economy of Chile's scale, land claim and mining license legislation appears unlikely to change in the short-term.Because land availability is scarce compared to Chile's actual exploration potential, junior companies wishing to enter Chile would be practically better off acquiring projects from or joint venturing with existing juniors in the country.
Investment Challenges
2017
Article (Journal)
English
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