As Mining Sector Takes Off, Colombia Must Take Care

As Mining Sector Takes Off, Colombia Must Take Care

Colombia is in the midst of a mining boom, with high commodities prices and Chinese demand placing its nascent mining sector at the center of the country’s economic development model. The challenge for Colombian President Juan Manuel Santos is to capitalize on the sector’s promise, while avoiding some of the environmental and social challenges that have impacted other South American mining countries, such as Chile and Peru. These challenges are particularly salient for newcomers like Colombia, whose mining sector is slowly taking off. Excluding oil, mining now accounts for 30 percent of the country’s foreign investment and 24 percent of […]

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