Conflicts with indigenous communities have stalled operations at Ecuador's San Carlos Panantza copper mining project, which the government of President Lenin Moreno had long pointed to as an example of mining sector expansion that would generate US$ 40 billion in export revenue over the next decade.
From the sky, the glistening emerald ponds of northern Chile are almost beautiful, but closer to the ground they harbor an ugly and dangerous secret: the reservoirs, filled with toxic waste from the country's mining industry, are ticking time bombs.
The British Embassy in Chile participated at the mining conference Medmin to strengthen the importance of British innovative solutions for the mining sector in a country which is highly dependent on minerals and is the world's leading exporter of copper.
Shares in some of the world's biggest mining companies have been hit by a slump in the price of iron ore, amid fears of a slowdown in China's economy. Iron ore delivered into China fell 8.3% on Monday after Beijing reported weak export data over the weekend.
Chile is the third most attractive country for copper mining investments behind Canada and Australia according to a report from the Chilean Copper Committee, Cochilco that includes fifteen leading countries in the industry and was released this week by Mining minister Hernan de Solminihac in Santiago.