To avoid the Las Bambas case in Chile

For more than a month Minera Las Bambas in Peru, a copper mine that represents 2% of the world’s supply of the red metal, kept its operations stopped, due to conflicts with communities.
Several talks have taken place, but they do not come to port with good news. This is a situation that in any mining country should be avoided, since it not only affects the production of the operation, but also the communities themselves and the country.
Therefore, as a Mining Arbitration and Mediation Center, CAMMIN, we believe that the tools that exist, and that we make available to the various companies of non-renewable resources, are essential to avoid reaching instances such as those that lived in Las Bambas.
The early relationship between companies and communities, added to the accompaniment that CAMMIN offers from the beginning of the projects, not only allow conflicts of this type not to occur, but also that the tasks are not paralyzed.
Another aspect that is important in sectors such as mining, is to have professionals who know the activity, which is one of the characteristics that the members of our panel of experts, with mining experience and in associated areas to settle mediation processes in projects or contractual or equivalent differences, which can place parties in a scenario of loss of integral value or greater over time.
Thus, as for cases such as that of this important company in Peru, we have experience in Generation and establishment of DRB (Dispute Resolution Board) services in projects and / or energy mining processes and others.
We privilege the importance of this tool, since in our experience we have weighed the intrinsic value of this methodology, by incorporating it as an innovative and investment element by the parties in the axis of a project or process related between parties in its financial and accounting traceability.
This binding and highly sensitized external support in mining, energy and the environment establishes phases that allow continuity of turn in relation to the NPV that has been committed.

We must put ourselves before the facts and potential conflicts, especially in Chilean mining.

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The content expressed in this opinion column is the sole responsibility of its author, and does not necessarily reflect the editorial line or position of El Mostrador.

Original source in Spanish

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