Colombia Miners Happy over Reform, Fret About Future

Source:

"The government of President Juan Manuel Santos plans to reform the mining sector—creating a new mining agency, consolidating oversight and strengthening institutions."

Reuters, Jack Kimball

Miners in Colombia welcome institutional changes such as creating a new mining agency, but worry about an upcoming tax reform and a bill to raise royalties.

The world's No. 4 coal exporter has seen an investment boom in oil and mining since a U.S.-backed security offensive began a decade ago, but accidents, allegations of government corruption and inefficiency have plagued the sector.

The government of President Juan Manuel Santos plans to reform the mining sector—creating a new mining agency, consolidating oversight and strengthening institutions. . .View Full Article

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