Mining in Colombia

Before March ends, Colombia plans to launch a first round of bidding for gold and copper exploration contracts. According to Mines and Energy Minister Diego Mesa, the first round of bidding will be for gold areas. Interested companies will have a chance to bid and target gold areas. Colombia wants to play a bigger role in the global mining market. The country is located at the northern end of the Pacific Copper Belt, which begins in Panama and ends in Chile. Chile is the world’s largest copper producer. Several gold and copper exploration licenses have already been granted, but major projects still face regulatory and safety hurdles. Currently, mining accounts for about two percent of Colombia’s gross domestic product. Problems with illegal mining have been and continue to be a problem in the country.

But there is gold and copper, among other things, and the country could therefore rise in the interest of mining companies. One company that is already active in Colombia is GoldMining. The company’s gold and gold-copper projects are located in Peru, Canada, the USA, Brazil and, of course, Colombia. GoldMining – https://www.youtube.com/watch?v=ZHugneIJLHY – has also founded the royalty company Gold Royalty.

Located between Peru and Colombia, Ecuador is another country that relies on the mining industry and wants to expand its international presence. Increasing mining exports are due to gold and copper. Here in southeastern Ecuador, for example, Aurania Resources – https://www.youtube.com/watch?v=sabYEJvU89Y – is working on its prospective The Lost Cities-Cutucu project. The company is focusing on precious metals and copper in South America.

Latest corporate information and press releases from GoldMining (- https://www.resource-capital.ch/de/unternehmen/goldmining-inc/ -) and Aurania Resources (- https://www.resource-capital.ch/en/companies/goldmining-inc/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/