Increasing Investments in New Projects to Fortify the Latin America Mining Market: Ken Research

NEW DELHI, India -- Latin America is comprised of mineral rich countries which are the leading producers of minerals in the world. The mining industry of Latin America has attracted many foreign investors to invest in new projects in this industry owing to significant geological mining potential of the region. The surging mining activities along with the continuous mineral exploration has made Latin America as one of the best places for investments. The mining sector of Latin America is projected to grow profoundly in future and the investment in the mining sector is estimated to be strong on an account of high foreign direct investments especially in Brazil, Mexico, Chile and in Argentina. As an exporter of mineral commodities Latin America is poised to gain continuous FDI inflows. The strong demand of metallic minerals such as copper, gold, molybdenum, iron and silver from other countries will drive the exports from Latin America in the coming years. The mining sector is also anticipated to contribute significantly to the economic and social development in Latin America by providing more number of jobs owing to the number of mining projects which are expected to be operational in the coming years in the region.

“The mining industry of Latin America has played an important role in the growth of the national economies such as the mining sector of Chile accounted for 15.0% of the country’s GDP which amounted to USD 38,000.0 million in 2011” – According to the research report titled “Latin America Mining Market Outlook to 2017” by Ken ResearchMany mining companies in Latin America are engaged in significant mineral exploration activities which are conducted by geologists in order to find potential rich mineral resources. The mineral exploration investment in Brazil amounted to USD 500.0 million in 2011. Mining industry of Latin America has witnessed considerable investments during 2007-2012. The investments in the mining sector of Mexico have grown at a CAGR of 16.2% from 2007 to 2012.

The report provides detailed overview on the mining industry in Latin America and helps reader to identify the ongoing trends in the key segments of the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will aid industry consultants and mining companies and other stakeholders to align their market centric strategies according to ongoing and expected trends in future.

For more information on the industry research report please refer to the below mentioned link:

http://www.kenresearch.com/mining-construction--infrastru...

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