A pessimistic perception of the overall short-term scenario but with an upward trend over the next 12 months is one of the main conclusions of the first study, Mining Indications, prepared by the Centre for Copper and Mining Studies (CESCO) and the mining consultant, Vantaz Group. The report also reflects that the expectations for the mining industry are more favourable than the outlook for the environment.

The “Mining Indications Index” was presented this Wednesday in the framework of the 2021 CESCO Week and will be published twice a year. It gathers the perception of mining executives and representatives, as well as those from other sectors (financial, academic) on three major dimensions:

• Macrovariables in the country: Perception of the current state, with a 12-month projection, of the social situation, the global economy, the regulatory sphere, and the environment.

• Overall situation for the industry: Expectations for the price of copper, demand, production, value of strategic supplies, employment, and investment, with a 3-month and 12-month projection.

• Challenges in the mining industry: Preparation of ranking on the main challenges in the mining industry.