Colombia is favorable to mining and its territory is considered largely unexplored
Colombia is an established world producer
- With a total production of 42.7 tons (1,372,908 ounces) in 2017, Colombia ranks 5th in Latin America and 18th in the world for gold production.
- With the development of new mines, Colombia is expected to increase its gold production by 53% in the coming years, placing the country among the top 10 gold producers in the world by 2022.
- In terms of energy resources, Colombia has the largest proven coal reserve in Latin America, which allows it to have part of the world’s largest coal mining project and is the 4th largest coal exporter and 9th largest thermal coal producer in the world.
Strong discovery potential