Latin American Mining: Ideal Investment Target for Mining Investors

For hundreds of years, the Latin American mining had captured the attention of multiple investors from all over the globe.

In the history of Peru, it had successfully enticed Francisco Pizarro, a Spanish conquistador to handle an uncertain quest against the Incas. The mission had resulted in success for the team of Pizarro which led to them to acquire a ransom of 13,000 lbs. of gold and 26,000 lbs. of silver for capturing Emperor Atahualpa of the Incas.

In the present, the value of the goods surrendered by the Incas to Pizzaro's group as a ransom for their captured emperor is approximately $ 3 billion for the 13,000 lbs. of gold alone.

After the event, multiple investors searched through the region to look for precious metals like gold. These efforts were most often unsuccessful.

The land of Latin America is abundant in the base and precious metals. Mining companies in Brazil, Chile, Mexico, and Peru have a rich amount of these metals in their lands.

Based on the research of the US Geological Survey, the Latin American country, Chile, possesses the most numerous reserves of copper and lithium in the whole world. Chile also has the 7th largest number of silver reserves in the entire world. Peru, on the other hand, has the biggest reserve of silver in the whole globe, 3rd the biggest in copper reserves, and other metals.

Latin American mining is indeed a good sight for potential mining investors despite the threats it may carry.

The following are reasons why mining investors should consider investing their hard-earned money in the region of Latin America:

1. The Size of the Region

Latin America makes-up thirteen percent of the total Land area of the Earth. It composes of 20 states with a population of approximately 650 million people. Its land covers a space of approximately 20 million km2.

2. Common Language

Even though there are some countries in Latin America that speak Portuguese, and French, out of the total population of Latin America, sixty percent have Spanish as their first language.

This provides easy communication for investors eyeing Latin American mining possessing a considerable level of Spanish language proficiency.

3. A Good Amount of Multiple Precious Metals Reserves

Latin America possesses the largest amount of precious metals reserves in the entire globe. These metals are copper, gold, silver, and lithium.

Each of the different countries in the Latin American region such as Mexico, Brazil, Chile, and Peru possesses significant amounts of these metals.

4. A Good Amount of Gold Reserve

Despite the little amount of gold produced by the Latin American region compared to other regions in the world, it still possesses the position of having the largest amount of gold discoveries in the past decade. This gold deposit was found by the Cascabel Project in the deposits of SolGold Alpala in the country of Ecuador.

Multiple countries in the region also provide gold to the worldwide gold market. Brazil is the number one producer of gold in the entire region of Latin America.