Recent Legal and Policy Developments in Chile and Their Implications for Mining Companies – Energy and Natural Resources

Chile: Recent legal and political developments in Chile and their implications for mining companies

To print this article, simply register or connect to

Presented in association with Bofill Mir & Alvarez Jana Abogados

Over the past three decades, Chile has built and maintained a reputation as a rich, stable and market-oriented country. In a recent webinar hosted by Shawn Doyle, Mr. Doyle, along with speakers, Pablo Mir, Guillermo Fonseca and Jorge Velasquez describe Chile’s changing political landscape, the process of drafting the country’s new Constitution and some laws in progress. instance, describing the effects these may have on the mining industry. They address both discrete and general issues, including:

  • What process is engaged in the drafting of the Constitution, and what proportion of the country must approve the new text?
  • What legislative proposals will likely be put forward if a more left-aligned legislature emerges from the next elections?
  • What is the royalty proposal that was introduced by the lower house? Is the new royalty a tax or an extraction royalty?
  • What will be the impact of the new Constitution on taxation? What profit distribution conditions can be implemented and is fiscal stabilization available for mining companies?
  • How will the tax system deal with complaints that isolated areas of Chile do not benefit from centralized taxation? If a new approach is taken to dealing with these complaints, will mining companies play a more limited role in supplementing or replacing government social programs in the isolated areas where they operate?
  • What legal approaches to water regulation and glacier protection are being considered? What will be their impact on new tailings ponds, the desalination industry and other technical requirements relevant to the mining industry?
  • Should the changing political landscape be included in the “risk factors” of a prospectus?

For answers to these questions and more, access the recording of the webinar “Recent legal and political developments in Chile”.

To view the original article click here

The content of this article is intended to provide a general guide on the subject. Specialist advice should be sought regarding your particular situation.

POPULAR ARTICLES ON: Energy and Natural Resources of Chile

Mexican official standard Name-016-Cre-2016

Rodriguez Davalos Abogados

The Energy Regulatory Commission (“CRE”) published in the Federal Official Journal the resolution by which the compliance reports of the official Mexican standard …

Previous Advance United Holdings Inc.Announces Private Placement of Common Shares and Common Shares Issued on a Flow-Through Basis
Next Even Bitcoin is affected by the supply chain crisis - Quartz