Ecominerales Bill

Mining attorney Estefanny Pardo authored a short column as part of her participation in the Colombian College of Mining, Oil and Energy Lawyers newsletter's editorial committee. In her piece, she discusses the existing provisions in Colombia's Mining Code that allow public entities to carry out mining activities but highlights the lack of a specialized agency for this task. She explains the government has proposed the establishment of a state mining company, Ecominerales, to support and manage mining formalization and operations. However, Ms. Pardo raises concerns about the significant investment and public debt required for such a venture, questioning its feasibility by drawing parallels with international examples like Chile's CODELCO.

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