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Mining in Colombia: Promising Frontier Needs Clearer Rules to Reach Potential

Mining in Colombia: Promising Frontier Needs Clearer Rules to Reach Potential

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Colombia's mining industry appeared to be on the cusp of a boom in the late 2000s, but the meltdown in global commodities markets has, like in other nations, led to a sharp decline in mining investment. In addition, Colombia's mining regulatory framework has continued to confound companies despite serious government efforts to reform it and provide clarity. Some firms are going ahead with investments, notably at underground gold projects, and coal projects could benefit from a rebound in prices. This report also analyzes community relations challenges in Colombia and the impact of the government's peace talks with the FARC.

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