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American Drillers Line Up to Unlock Colombian Copper Riches
Bloomberg
3/12/2021
Oscar Medina
(Bloomberg) Colombia is looking to reduce its dependence on oil and coal by developing copper deposits ahead of a forecast surge in demand for metals used in rechargeable batteries.
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Authorities plan to award five copper exploration blocks by the end of June in Cordoba and La Guajira provinces, where much of Colombia’s coal is mined. U.S. and Canadian juniors, as well as firms already operating locally, are leading the interest, Mines and Energy Minister Diego Mesa said. A streamlined permitting process to shorten the path to production is among the incentives. ....

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