The Ministry of Mining accepted application from CODELCO to extend CEOL, page-62

The 2022 edition of the International Mining and Resources Conference — one of the world’s largest mining gatherings — opened in Sydney today.

EMR Capital managing director Jason Chang, whose Owen Hegarty led mining investment vehicle owns the Ravenswood gold and Kestrel coal mines in Queensland and holds a 45% stake in ASX-listed copper miner 29Metals (ASX:29M), says all it looks for in governments is consistency and a predictable regulatory framework.

“The role of government really from a mining perspective is to develop and regulatory framework that is consistent fundamentally,” he said.

“We love South America and Chile, we have invested in Chile and continue to look there. I mean, how can you not?

“But the are recent announcement that potentially there could be a material hike in taxes has caused global investors to just pause for a moment.

“I’m sure it’ll come back and I know there’s good news on the way. But that’s a classic example where even just announcements there could be a disruption to what otherwise is the most friendly jurisdiction in the world for mining can cause issues.