The Prospectors and Developers Association of Canada (PDAC) Convention, the world’s premier meeting on mineral exploration and new mining projects, took place virtually for the very first time in 2021. Chile was there as usual, highlighting its attributes for attracting mining investment that will create new jobs and stimulate the economy.
The event took place between March 8 and 11, 2021, bringing together the world’s foremost mining investors and stakeholders. Chile was present with a virtual stand and launched its guide “Chilean Mining: Powering the Green Economy”, which was jointly prepared by the Mining Ministry and InvestChile.
The document presents a portfolio of 33 initiatives: 28 fall within the exploration category, while 5 projects fall within more advanced stages or pre-mining development. In terms of ores of economic interest, there are 19 copper projects, 9 gold projects, 3 iron ore projects, 1 zinc project and 1 salt project.
During the event, Energy and Mining Biminister Juan Carlos Jobet highlighted that Chile is an ideal country to innovate through technologies and processes that minimize the mining industry’s costs and, at the same time, minimize their carbon footprint.
“In Chile, the abundant natural resources, stable regulatory policies, and technological developments have enabled a thriving market that generates clean energies at highly competitive costs. The mining sector can benefit from clean and low-cost energy that will enable it to stop burn fossil fuels. It is estimated that in 2023, 63% of the copper mining industry’s electricity will come from clean sources,” said the Biminister.
InvestChile closed 2020 with a portfolio of 39 mining projects worth US$7 billion, with capital coming principally from Canada, Australia, and Japan.
To download the document, click here.