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PDAC 2019

The world’s mining sector joined in Canada to talk about this industry development

Nota asociada a categoría: International News

Press Expomin – www.expomin.cl

“The World’s Premier Mineral Exploration & Mining Convention”, PDAC, took place in Toronto which is the most important convention for people, companies and organizations related to minerals and mining industry in the world; specifically in Latin American countries.

By El Centro, Toronto, Canada Newspaper. Read the entire article HERE

“The World’s Premier Mineral Exploration & Mining Convention”, PDAC, took place in Toronto which is the most important convention for people, companies and organizations related to minerals and mining industry in the world; specifically in Latin American countries

The event counted with the participation of government from the four continents with interest in the mining industry. Also, with 1,000 exhibitors, 3,500 investors and 25,600 visitors from 135 countries worldwide. Visitors could also attend technical sessions, short courses and networking events.  

Santiago Montt, Chilean Lawyer and owner of Montt Group, which offers Legal services and accountability to Latin America mining companies and count with headquarters in Chile, Argentina, Brazil, Colombia, Peru, Bolivia, Ecuador, México, Paraguay and Canada, assisted and says “In general the mining industry had returned, not to blow your mind but prices are better. Providers for mining campaigns have appear. Rock excavation companies are having contracts. In general, every provider is having contrac, in special Chile and Peru”.

Also says that Peru is doing good with the mining industry, as well as Chile, while Colombia wants to achieve mining and Ecuador is doing a priceworthy work for it. About Mexico, explained that is one of the biggest in mining industry and with many companies, where the main problem is how to growth the small and middle scale companies.

About Venezuela says, that due to the political instability in the country the mining companies are waiting to see what happen. Venezuela has great potential deposits, while Central America is unknown but is being investigated.

When he was asked about critics to the pollution produced by excavations for finding minerals and if exists the called “Green mining”, Montt says it is just a “cost problems”.

“Everything is possible in cost process. Companies will do everything they are asked for because is the only way of subsisting. However, they will need to financiered costs. For that, they need to maintain the same taxes and reduce the investment in stakeholders, as well as reduce cost in the community. It will be impossible”.

The expert says mining companies are on a drama that has to be explain to the government and citizens because they are under big pressure. In one side, are stakeholders who wants return. On the other side, the government is who wants higher taxes because South American countries are on development and we seek more incomes. On the other hand, the communities and the work environment are asking more rights from companies. People is asking to contract local suppliers to work with their natural resources which last 15 to 20, but 1 of 10 project are finished.

Mining companies present project in Argentina to explore gold and copper deposits

Nota asociada a categoría: International News

Press Expomin – www.expomin.cl

The agreement “will allow Agua Rica Project to be developed and operated using infrastructure and installations from Minera Alumbrera Limited. in Catamarca” is the official information.

By America Economía. See original note HERE.

Buenos Aires. – The Argentinian President, Mauricio Macri, received the main authorities from the Mining companies: Yamana Gold, Glencore and Goldcorp which presented an agreement for the exploration project in Agua Rica; a gold and copper deposit located in the province of Catamarca in  northwest of the country.

The meeting took place at The Olivos Residence, 20 kilometers at the north of Buenos Aires, where the President had the company of the Finance Minister, Nicolás Dujovne, and the President of the International Investment and Commerce Agency of Argentina (AAICI), Juan Pablo Tripodi.

In representation of the companies, was the founder and executive President of Yamana Gold, Peter Marrone the CEO of Glencore Chile, Andrés Souper Herrera, and the Vice-executive President of corporate affairs of Goldcorp, Brent Bergeron, between other representatives’ firms, as the Government informed.

The proposed agreement “will allow Agua Rica project to be developed using the infrastructure from Minera Alumbrera Limited in Catamarca, says the official information. The Argentinian government says the preliminary studies reveal 25 years of production for this deposit with an annually rate of 236,000 tons of copper, gold, molybdenum and silver during its first 19 years of operations”.