Estimating Potential Output in Chile


Book Description

Using a multivariate filter, we estimate potential growth rates in Chile’s mining and non-mining sectors. Estimates for the mining sector incorporate information on copper prices, whereas estimates for non-mining reflect information on inflation and unemployment rates. To better understand the drivers of potential growth, we decompose estimates into capital, labor (adjusted for human-capital and hours worked), and total-factor productivity using a production-function. Our estimates of potential output in Chile suggest that an important part of the recent growth slowdown has been structural, with potential-output growth slowing to 21⁄2 percent in recent years, although it plausibly could be higher in the medium-term.




Mining Spillovers in Chile


Book Description

Chile’s small open economy with significant mismatch between the production and consumption baskets may be represented by three stylized sectors, a commodity sector, a non-commodity tradable sector, and a non-tradable sector. This paper estimates the effect of copper price shocks on mining, manufacturing, and construction—each embodying a sector type. The empirical findings are for positive spillovers from mining to the other two sectors. However, the estimated size of the spillovers seems modest, which raises the question of the potential for mining to be better integrated with the rest of the economy.




Evolutionary and Revolutionary Technologies for Mining


Book Description

The Office of Industrial Technologies (OIT) of the U. S. Department of Energy commissioned the National Research Council (NRC) to undertake a study on required technologies for the Mining Industries of the Future Program to complement information provided to the program by the National Mining Association. Subsequently, the National Institute for Occupational Safety and Health also became a sponsor of this study, and the Statement of Task was expanded to include health and safety. The overall objectives of this study are: (a) to review available information on the U.S. mining industry; (b) to identify critical research and development needs related to the exploration, mining, and processing of coal, minerals, and metals; and (c) to examine the federal contribution to research and development in mining processes.







OECD Rural Studies Mining Regions and Cities in the Region of Antofagasta, Chile Towards a Regional Mining Strategy


Book Description

Antofagasta is a world leader in copper and lithium production, with strategic importance for the global energy transition and for the economic development of Chile. This study presents the diagnosis, rationale and building blocks for a new mining strategy in the region of Antofagasta, Chile that prioritises well-being standards and opportunities for local communities.




Metallic Mineral Exploration


Book Description

How has exploration for minerals evolved in recent years? Is it as productive an activity as it once was? Why have changes occurred? Roderick G. Eggert explores these and other questions about the complex set of circumstances surrounding metallic mineral exploration. Originally published in 1987, Eggert documents trends in the level and the distribution of expenditures by mining companies for metallic mineral exploration and examines a number of factors that may be responsible for these trends. This significant study serves as a handy introduction to the subject for students interested in environmental studies, natural resources, and economics.




Mining Latin America


Book Description

The mining sector is of major importance to the economy of Chile. Although dominated by copper - Chile is the world's leading producer - its production of potassium and sodium nitrate, gold, silver, rhenium, lithium iodine, molybdenum, boron and selenium, for example, is significant. Prominent representatives of the international minerals industry have contributed the papers that appear in Mining Latin America/Mineria Latinoamericana, the volume that lends its name to the conference organized by the Institution of Mining and Metallurgy, in association with the Instituto de Ingenieros de Minas de Chile, the Sociedad Nacional de Mineria Chilena and Latinomineria being held in Santiago de Chile in May, 1994.




Undoing a Myth


Book Description




Mining Regions and Cities in the Region of Antofagasta, Chile


Book Description

Antofagasta is a world leader in copper and lithium production, with strategic importance for the global energy transition and for the economic development of Chile. Located in north Chile, Antofagasta is carved by the natural contours of the Atacama Desert and home to diverse Indigenous communities. Despite the wealth brought by mining, communities in Antofagasta lag on a number of well-being dimensions. At the same time, Antofagasta's mining industry is entering a new phase of development, driven by the expected surge in global demand for its minerals and the imperative to adapt to the green and digital transitions. Against this backdrop, a new development vision with a long-term strategy is warranted in the region to leverage mining benefits to improve well-being standards and take advantage of the opportunities brought by the digital and green transition in mining. This study presents the diagnosis, rationale and building blocks for a new mining strategy in the region of Antofagasta, Chile that prioritises well-being standards and opportunities for local communities. This medium and long-term strategy aims to create a new pact amongst different societal stakeholders to build trust and unite efforts for more inclusive and sustainable growth in the region