METS Practical Advice: Basics About Contracting With Mining Companies In Chile

Signing a contract with a mining company in Chile can be an exciting time for foreign companies.  It often comes after many trips to Chile, meetings with operational and senior management teams, site demonstrations, follow-ups, and whatever else is required to get to the point where a contract is being discussed.

After a long sales process, it is no surprise that you just want to get on with it but there are still a few steps before you are home free. Today we will start with reviewing and negotiating the contract clauses. Later in the week we will cover bank guarantees and registering with the different mining suppliers' associations.

TYPICAL CLAUSES IN CHILEAN MINING CONTRACTS