Global Business Reports


Ben Cherrington, Mariolga Guyon

Chile Mining 2022 Pre-Release Edition

April 22, 2022

Chile is at an inflection point in its history as the country prepares to draft a new constitution. As the world’s largest producer of copper and second largest producer of lithium, what happens in Chile impacts the global mining business. Moreover, the importance of Chilean metal production to drive the global decarbonization effort should not be understated. It is in this context that the world has its eyes on the regulatory reform proposals currently being debated, some of which have caused alarm. However, the consensus on the ground in Santiago is that radical changes are unlikely to transpire, and although the industry faces uncertainty in the short term, Chile will remain the premier mining jurisdiction in Latin America. 

The pre-release edition of GBR’s annual Chile Mining series delves into the themes impacting the country’s mining sector in 2022, comprising analysis based on over 60 interviews with the leading executives from major producers, associations, juniors, consultants, investors and service providers, to provide an in-depth and holistic view of what is happening now, and more pertinently, what could happening in the months and years ahead.


Iván Arriagada provides an update on Antofagasta Minerals’ Chilean operations.
Don Lindsay details the development of Teck’s QB2 project in Chile.
Joshua Olmsted outlines Freeport McMoRan’s growth strategy in the Americas.
Aurora Davidson explains Amerigo Resources’ business model and evolution of the MVC operation.


Peru Mining 2024 Pre-Release II

As the second half of 2024 approaches, Peru stands at a crossroads. According to the latest figures, the Democratic Republic of Congo has surpassed Peru as the second-largest copper producer. Cabinet changes under Boluarte's administration and ongoing corruption cases have taken a toll on investor confidence, and illegal mining remains a pressing issue. However, not everything is lost for the Andean country, and the mining sector presents growth opportunities.



"We plan to double our copper production by the end of the decade. There remains significant upside potential in the gold industry, and the copper operations are strategic and additive to that."