Colombia expects to double gold production by 2020Dear MINXers,Positive news continues to proliferate about gold mining and Colombia's policies and interests.
We share here the link to a video in which you can see the plans of the Colombian government regarding the mining sector, the mining license concession and the country's gold production:
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https://youtu.be/dYv-qy7lFhYThe video is in Spanish, but we can extract the main headlines:According to the National Mining Agency, by 2020 the country expects to double the gold production, as well as the mining titles granted.
The gold mining sector, at the close of operations in 2018, exceeded $ 833 billion.
Experts calculate that, in the next 12 months, the value of the troy ounce will rise to $ 1,425, a level that has not been seen in more than 5 years.
In 2018, contributions by extractive activity to the royalties general system reached $ 7 billion.
We are in the right sector and in the right country.
The InnovaMinex Team