PUBLICATION
Engineering & Mining Journal
Central America & Carribean Mining 2013 E&MJ Release
August 07, 2013
Since the colonial time of the Spanish empire in Central America, mining has been part of the region’s export economy. With the exception of Nicaragua, however, mineral production has never dominated the region’s economies.
On the contrary, the low metal prices of the 1980’s and 1990’s led some metal mining and processing operations to shut down. As mining activity declined, national economies became more diversified until, during the 2000s, metal commodity prices recovered, reviving mining companies interest in the region.
Today, a number of players are reaping the benefits of this resurgence and a number of mining operations are in production in Central America.
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"Zambia indeed deterred many investors due to multiple policy shifts in the mining tax regime that showed no consistency. However, since 2021 and with a new government in place, we have seen more stability as well as investor-friendly policies."
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