The mining sector has been making fewer headlines in the financial press than we were used to 10 or 15 years ago. However, in January, the largest mining merger in the last twelve months was closed, January saw the closing of the largest mining merger in the last twelve months, which also means the entry of a new player in the Chilean mining sector.

Pan American Silver, a mining company with operations and projects in Peru, Argentina, Mexico and Guatemala, acquired Yamana Gold's Latin American operations for US$4.8 billion.which acquired Yamana Gold's Latin American operations for US$4.8 billion. Yamana has projects and operations in Argentina, Chile, Brazil, Nicaragua and Mexico.

With this operation, Pan American will add to its assets Yamana's portfolio of projects in Latin America, which totals almost US$10 billion. Ehis includes the US$400 million Agua de la Falda reopening project under study, located in Antofagasta, where it is a partner of Codelco.. The bulk of Yamana's projects are located in Argentina.