Energy

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Indonesia is stepping up efforts to increase gas production, both to consolidate its position as a leading exporter and to meet rising domestic demand.

 

While it is a polymetallic country with robust resources of coal, gold, copper, nickel and emeralds, Colombia’s mining sector remains underdeveloped, accounting for less than 2% of the country’s GDP since 2012. As a result of its potential, past and present administrations have long identified mining as a key pillar of the country’s economic...

 

With similar geological characteristics to its Andean neighbour Peru, Colombia’s gold potential has long attracted interest from local and international miners. The country’s gold deposits are concentrated in areas with metallogenic belts in the Departments of Antioquia, Santander, Tolima, Huila, Caldas, Nariño, Cauca and Bolívar. Gold was the...

 

In which areas of energy transport and transmission is there potential for investment? ÁLVAREZ: Colombia boasts a developed and efficient transmission system, with 15,000 km of network and a 97% coverage rate. It reaches most of the country, and the remaining remote areas are supplied by independent generators. Moreover,...

 

How competitive is the local mining industry, and what reforms are necessary to boost activity?

 

As Colombia looks to improve investor sentiment and spur an infusion of foreign direct investment (FDI) in the mining sector, the administration of President Iván Duque has outlined detailed plans to reform existing community consultation guidelines, amid legal uncertainty regarding the awarding of project contracts.

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