Mining Industry Intelligence

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Commodity market analysis

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Timely information, comprehensive analysis

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We actively support and improve
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New daily report: Covid-19 impacts
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Who We Are

Plusmining provides business intelligence and strategic analysis services on the mining industry and commodity markets to support and improve its clients’ decision making.

Value added

The information and analysis developed by Plusmining are characterized by their reliability, independence, comprehensiveness, and by a timely provision.

Networks

Sources of expert knowledge on contingencies and the latest developments in the mining industry in Chile, Latin America, Canada, Australia, China, and Asia in general.

Clients

Organizations that require quality information such as mining companies, goods and services suppliers, investors, international organizations, government agencies, etc.

Presence

Plusmining has a permanent presence in Chile and Canada. An expansion process to Peru and other Latin American countries is currently underway.

Our Team

Juan Carlos Guajardo

Founder and Executive Director

Founder and Executive Director

Between 2006 and 2014 he directed the Center for the Study of Copper and Mining (CESCO). Before that, he performed as Director of Studies of the Chilean Copper Commission (Cochilco). Mr. Guajardo also worked as an economist for the International Copper Studies Group.

He is also a member of the Copper Price Expert Committee convened annually by the Ministry of Finance to determine the parameters with which the Chilean national budget is built; the PDAC International Affairs Committee; as well as responsible for the organization of the Asia Copper Week, the largest global copper event in Asia and one of the largest in the world since 2012.

Mr. Guajardo holds a PhD in International Economics and Development from the Universidad Complutense de Madrid, Spain. He excelled as the best graduate in his undergraduate studies of Business and Economics at Pontificia Universidad Católica de Valparaíso, Chile. He also has a Diploma of Advanced Studies in Economics from the Complutense University of Madrid and a Diploma of the Advanced International Program of Mining and Environment from the University of Luleä, Sweden.
Juan Carlos Guajardo maintains a permanent presence in national and international media on mining issues.

Matias Marañon

Market and Strategy Analyst

Market and Strategy Analyst

Matías joined the team of Plusmining in 2017.

He has more than 4 years of experience in the mining industry, participating and leading projects for large-scale mining, both nationally and internationally. In his experience as an analyst and consultant, he has participated in more than 15 projects in the areas of economic studies, econometric modeling, simulation, risk analysis and management, and strategic evaluation.

Matias holds a B.Sc. in Industrial Engineer with Diploma in Mining Engineering from Pontificia Universidad Católica de Chile. He is currently a candidate for a Master's Degree in Mining Engineering from McGill University, Montreal, Canada.

Languages: Spanish and English.

Eric Medel

Market and Industry Analyst

Market and Industry Analyst

He joined the Plusmining team in 2018, after having completed his professional practice at the Chilean Copper Commission (Cochilco).

He has extensive knowledge in financial matters, costs and projects in the world of mining, as a result of having dedicated his university life to the development of assistantships in various subjects, in addition to having presented his first publication at the XX Mining Engineering Symposium.

Eric holds a B.Sc. in Mining Engineering from Universidad de Santiago de Chile.

Languages: Spanish, English and Portuguese.

Tomás Rosas

Political and Regulatory Analyst / External Relations

Political and Regulatory Analyst / External Relations

He joined the Plusmining team in 2020.

Tomás holds a B.A. in Political Scientist from Pontificia Universidad Católica, Chile. He also holds a Master’s Degree in International Politics from the Paris Institute of Political Studies (SciencesPo), France.

Languages: Spanish, English, French.

Carola Cerda

Market and Industry Analyst

Market and Industry Analyst

She joined the team of Plusmining in 2020, having completed her postgraduate studies abroad.

In February 2020, she received her Master's degree in International Business and Administration from KU Leuven University in Belgium.

Carola holds a B.Sc. in Mining Engineering from Universidad de Chile and has experience in the area of corporate innovation with a focus on the mining industry and the generation of innovation portfolios.

What We Do

Work methodology

Early monitoring of emerging trends at the local and global levels, including potential regulatory changes, new technologies, project progress, investment decisions, among others.

Collection of relevant information on contingencies and the latest developments in the global mining industry through Plusmining information networks.

In-depth analytical processing of information by the Plusmining team.

Business Areas

Reports

Plusmining has three reports of different periodicity in which various topics related to the mining industry and commodity markets are analyzed.

Consulting

Development of detailed studies and analyzes at the request of clients who wish to enrich their understanding of a matter related to mining and commodities, including the quantification and estimation of relevant variables.

Knowldedge dissemination

Availability to participate in seminars, conferences, and other events on mining and commodities. A permanent presence in local and foreign media.

Business development

Advice to companies seeking to develop business initiatives, from the identification of opportunities to their implementation.

Media Presence

Do you want more publications? see more

Contact Us

Isidora Goyenechea 3000, Of. 2321, Las Condes, Santiago, Chile

  • Reports

    Plusmining develops three permanent reports of different periodicity (weekly, monthly, quarterly) in which various topics related to the mining industry and commodity markets are addressed. The reports are characterized by their high added value and analytical content.

    Weekly report

    Analysis of the most important events in the Chilean and Latin American mining industry. Each topic presented is subjected to a critical analysis by the Plusmining team. Our addition of value lies not only in the speed with which information is reported but also in the deep analysis of the implications and consequences of these events.
    Topics covered include:

    • Progress of bills and regulations in Chile
    • Highlights of exploration around the world
    • Early corporate news
    • News and operational events
    • Potential merger and acquisition activity
    • Other early information obtained through Plusmining’s networks
    • Analyzes of the crises that have impacted Chile, including implications for companies and industry.

    Monthly report – Mining industry a political-economic environment

    Analysis of the main corporate, economic, political, regulatory, labor, operational events, project statements that affect the mining sector in Chile, Latin America and the rest of the world.

    The report consists of 3 large sections

    • The mining industry in Chile
    • International mining industry
    • The economic and political environment

    Analyzes of the topics are characterized by their depth, which includes insights and business implications for the sector.

    Quarterly report – Top 15

    Analysis of the production and financial results of the 15 main copper companies in the world (which comprise 60% of mine production globally). Additionally, an in-depth analysis of the production of Chile’s main copper operations is included.

    Some of the included indicators are:

    • Indicators of profitability and indebtedness (ROE, Net Debt and others)
    • Investment and liquidity indicators (CAPEX, Current Test and others)
    • Indicators of operational and production efficiency (attributable copper production, operating margin and others)

    Contact Us: plusmining@plusmining.com

  • Consulting

    Plusmining has the ability to carry out various types of studies and analyzes at the request of clients who wish to enrich their understanding of a particular matter.

    Commodities market studies

    Considering specific characteristics and drivers of each natural resources market, and considering the latest advances in the economy of minerals, Plusmining generates detailed studies and robust forecasting of main market variables, such as, supply and demand.

    Benchmark studies

    The internal data base development, together with our contact network, allows us to obtain the necessary figures and data in order to perform an updated comparative analysis across several aspects (costs, productivity, CAPEX, wages, benefits and technology use) and that improve our clients’ decision-making abilities.

    Strategic analysis

    Our deep understanding of the mining business allows us to perform strategic analysis and scenario assessments taking into account the latest market tendencies, international legal changes and commodities market forecasts.

    Socio-economic studies

    Plusmining has developed a scope to assess the social impact of mining projects that allows us to quantify the socio-economic impact of future projects and operations on a local and global scale.

    Public policies studies

    Our wide range of knowledge referring to national regulation allows us to collaborate in designing, analyzing and managing of public policies put forth to maximize the socio-economic value of mining activities.

    Examples of studies

    Long-Term Forecast of the Mining Demand for water in the Northern Regions of Chile

    A study aiming to develop an analysis of scenarios of water demand based on current copper mine projects and undeveloped projects in the northern mining regions of Chile, thus assessing the business potential for water supplying firms

    Mineral Commodities (Base, Precious, Minor and Iron Metals)

    Market study for base metals (Al, Cu, Ni, Sn, Zn, Pb), iron ore, precious metals (Au, Ag, Pt, Pd), and industrial minerals (Li, Co, Mo, B , Re) based on an analysis of the macroeconomic situation affecting the metallic commodities as a whole, as well a deepening in the fundamentals of each metallic market oriented to identifying those risk factors that could reduce the attractiveness, as well as unleashing market potential

    Molybdenum Supply in Chile and Peru

    A study on the present and future of the molybdenum industry in Chile and Peru in the short, medium and long term. The scope of the study was to evaluate mine production, plant production, and logistics within short-term (1 year), medium-term (5 years) and long-term (10 years) horizons

    Market analysis of port services for copper concentrates in the II Region of Antofagasta

    A report that describes the potential market for a newcomer port operator for copper concentrates in the II Region of Antofagasta, assessing 3 main topics: the potential clients based on copper concentrates supply, the potential competitors based on tariffs and comments on strategies for newcomers

    Natural gas in Chile

    A study that focuses on the supply and demand of liquified natural gas in Chile, including the existing operations in the national territory, as well as the regasification plants, in order to determine whether there is a market opportunity for a newcomer supplier

    Suppliers of goods and services for Non-Conventional Renewable Energies (NCRE) in Chile

    This research analyzed the existing suppliers’ market for non-conventional renewable energies in Chile, including segments such as EPC contractors, suppliers of parts for solar and wind plants, operation and maintenance services, and, storage and transmission services

    Analysis of scenarios of large mining projects in Chile and Peru

    Research and analysis of large-scale mining operations and non-developed projects (base metals, precious metals, iron ore and lithium) in Chile and Peru, focused in capturing detailed information about the processing parameters of grinding and crushing circuits. Moreover, for the undeveloped projects, it was generated a scenario analysis which consider the probability of occurrence and the estimated startup dates according to Plusmining’s methodology

    Analysis of scenarios of large mining projects in China, Australia and SEA

    Research and analysis of large-scale mining operations and non-developed projects (base metals, precious metals, iron ore and lithium) in Australia, Philippines, Indonesia and Papua New Guinea

    Analysis of scenarios of large mining projects in South Africa, DRC and Zambia

    Research and analysis of large-scale mining operations and non-developed projects (base metals, precious metals, iron ore and lithium) in South Africa, DRC and Zambia

    China’s Lithium Industry Analysis

    Accurate and timely information service related to China’s lithium industry that considers updates of the database on the lithium industry in China with 90% coverage for mines and converters. The above is complemented by a monthly report with the most important developments in the industry (mines, processing plants, and lithium batteries), the market and the economic-political context and its impact on the lithium industry in China and Asia

    Offtake & Royalty Agreements in Chilean Copper Projects

    The study identified potential copper mining assets for funding through offtakes. It also determined the more relevant aspects of existent offtakes and royalties for those assets

    Logistics for copper commercialization in Chile

    A deep analysis on the commercialization chain for copper products in Chile, aiming to determine the bottlenecks of the process once the concentrate is produced, including storage and warehousing at the mining site and outside the mining site, transportation (via trucks, roads and concentrate pipes) and embarking

    Copper commercialization process in Chile

    A study that describes the flow of regular processes that a copper export (either concentrates or cathodes) requires in order to be successfully shipped towards its clients, including a description of the type of contracts, assays and sampling and invoicing stages, as well as the documentation required by the Chilean Customs

    Manufacture and final use of semi-finished copper in Latin America and Canada

    A report focused on upgrading the quantity and quality of the information available regarding the manufacturing of semi-fabricated copper and copper alloy products (semis as wire rod, plates, sheets, strips, rods, bars, sections, tubes, etc.) and the industrial use of copper in the Latin America region and Canada with the aim to update the market balance across the scoped countries as well as the directory of semis companies in the region

    Analysis of copper smelters in Chile

    As a result of the new emissions standard established in Supreme Decree No. 28 published in 2013, public smelters (Codelco and ENAMI) defined investment projects in order to comply with the new standard. This study aimed to provide follow-up to the development of projects and identify changes in productive capacity and entry times

    Benchmark of the Strategic Planning Practices in the Chilean Copper Industry

    A study that seeks to identify the best practices of the Chilean mining industry in relation to the strategic planning process of the mining business and propose a guidance for the process based on the findings, as well as Plusmining’s expertise

    Analysis of labor costs in the large Chilean mining industry and its main factors

    A report intended to understand the evolution of labor costs across the large-scale copper mining operations in Chile over the last 10 years, and the assessment of the impact of key parameters in the definition of labor expenses, such as location, altitude, scale, profitability, and other metrics

    Cash costs in copper mining in Chile

    A report that analyzes the evolution of the cash costs of mining operations in Chile, deepening on its main drivers and onto the factors and key metrics that explain the increases and decreases at each mining asset in Chile

    Operational metrics in coatings of mills in large copper mining in Chile

    This report compiles technical data on the composition of mill liners from large-scale ball mills and SAG mills from a selected sample of mining operations in Chile, in order to assess the usage of rubber compounds in these spare parts, as well as specific maintenance data, such as costs, downtimes, materials used, etc.

    Contact Us: plusmining@plusmining.com

  • Knowledge dissemination

    Plusmining is an ideal actor for participating in seminars, conferences, and in general for any event on the mining industry and commodity markets. As a result of the quality work carried out by the company, it has positioned itself as a permanent source of reliable and independent information, both for national and international media.

    Contact Us: plusmining@plusmining.com

  • Business development

    Plusmining’s detailed knowledge and extensive contact networks allow the company to provide advisory services to those seeking to develop business initiatives. The advice covers all stages of development: from the identification of a business, through its design, to its implementation within the mining and related industries. In particular, Plusmining has advantages in facilitating access to markets, such as in Chile, Peru, Latin America in general, Canada and Asia.

    Contact Us: plusmining@plusmining.com