Mercuria eyes equity in African assets, new metals boss says
“You will see us very present in Africa and putting our money where our mouth is in respect of the Copperbelt,” Kostas Bintas said.
The Chilean government will actively be seeking investors for 25 new mining projects when it attends the PDAC Convention in Toronto next week. The projects, which include the mining of a variety of metals including copper, gold, lithium and cobalt, will represent an investment of $500 million and are estimated to lead to 1,500 new jobs in the construction phase alone.
Chile’s Minister of Mining, Baldo Prokurica will lead that national delegation to PDAC, along with representatives from ProChile (the institution responsible for promoting exports), Sonami (the National Mining Association of Chile) and the Chilean Mining Council. “It is important for us to showcase to potential investors that Chile has a very pro-investment government,” says Minister Prokurica.
Adds Sonami President Diego Hernandez, “Our task at PDAC is to show large companies that among their investment alternatives, Chile is the best option, not only for the quality of the projects, but also for the human resources available and the conditions offered to investors and foreign capital. The Ministry, in association with InvestChile, has produced a hard-cover book that they will be launching at PDAC that highlights the 25 mining projects open for investment.
