The Ministry of Economy has announced that the industry is expected to invest US$7 billion once previously pending environmental permits are approved. Fernando Aboitiz, Head, Ministry’s Extractive Activities Coordination Unit, said, “Once all 176 pending permits are authorized, the industry’s investment will easily reach US$7 billion.”

He emphasized that mining projects are important for the country but must align with the government’s social and environmental priorities. “The president has instructed us to engage directly with communities to ensure mining benefits, rather than harm for local populations,” Aboitiz stated during the XXXVI International Mining Convention 2025…

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