Mining Sector

Progressive legislation and a healthy investment environment have made Chile the mining capital of Latin America.

Friday, June 03, 2011  

Chile ranks among the world's leading mining nations, producing over a third of the global copper output and a large number of other minerals. Progressive legislation and a healthy investment environment have made Chile the mining capital of Latin America.

Services and Capital Goods Market for the Mining Industry in Latin America and Chile

Projected investment for 2017 of US$ 200,000 million in Latin America:

Chile: US$ 50,000 MN
Argentina: US$ 12,725 MN
Brazil: US$ 57,000 MN
Colombia: US$ 24,000 MN
Mexico: US$ 21,750 MN
Peru: US$ 40,000 MN
(Source: CESCO, 2010)

Annual purchase of supplies in 2009 of US$ 36,800 million in Latin America:

Chile: US$ 13,000 MN
Argentina: US$ 4,500 MN
Brazil: US$ 15,000 MN
Mexico: US$ 1,500 MN
Peru: US$ 2,800 MN
(Source: CESCO, 2010)