Latin American infrastructure woes barrier to mining

May 13, 2013 | 10:08 AM | Carolina Guerra

Tags  Latin America mining, infrastructure problems, water supply, energy supply, Mercosur, alumina, copper, aluminum Carolina Guerra

SÃO PAULO — Latin America is the world’s most popular precious and nonferrous metals exploration destination, yet most countries in the region have recently suffered water and energy supply problems for their mining industries, according to a report released earlier this year by consultancy SNL Metals Economics Group.

The region attracted 25 percent of global investment in 2012, SNL said.

The exact amount of mineral resources on the continent remains unknown, but the lack of infrastructure for the mining industry—especially water and energy supplies, when combined with the lack of integration in the region—results in barriers to the progress of local mining projects. ....

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