Chile to lead creation of global standard for mining interoperability
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Chile to lead creation of global standard for mining interoperability
By InvestChile on November 25, 2019

The Interop program presented a draft proposal for resolving incompatibility between mining technologies to an international organization.

Belgian retirement home company leads the segment in Chile
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Belgian retirement home company leads the segment in Chile
By InvestChile on November 20, 2019

Following its debut in Chile in 2010, Acalis already has ten centers in Santiago, Viña del Mar and Concepción and has recently acquired the operation of a competitor, Ambar Residence.

Investment in data centers and optical fiber reaches US$1,060 million
3 min read
Investment in data centers and optical fiber reaches US$1,060 million
By InvestChile on November 15, 2019

Chile is estimated to have between 10 and 15 of these physical mega spaces for storing large volumes of data, and the figure is rising. These are strategic investments.

Tiny Cabin: Modular hotel project reaches the Carretera Austral
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Tiny Cabin: Modular hotel project reaches the Carretera Austral
By InvestChile on November 11, 2019

The initiative seeks to create Chile’s largest community of tourist accommodation, motivating entrepreneurs to rent cabins to install on their land.

Hochschild buys rare earth deposit in Chile for US$56 million
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Hochschild buys rare earth deposit in Chile for US$56 million
By InvestChile on November 8, 2019

The Peruvian mining company stressed that rare earths are essential in a number of technological components and some are critical for the manufacture of the permanent magnets used in electri...

Mainstream obtains financing of US$580 million for project in Chile
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Mainstream obtains financing of US$580 million for project in Chile
By InvestChile on November 6, 2019

Projects in Chile have shown that “we can compete against existing technologies without subsidies,” said Andy Kinsella, Mainstream’s Group Chief Executive.

Employment of women in the mining industry increases by 18.5%
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Employment of women in the mining industry increases by 18.5%
By InvestChile on November 4, 2019

In the rolling three-month period between June and August, 21,607 women were working in the sector, accounting for 10% of its labor force. In the same period, there was also a drop in unempl...

Chile’s trade with China grows
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Chile’s trade with China grows
By InvestChile on October 30, 2019

According to SUBREI, Chile’s trade with China reached US$19,055 million in the first half of 2019.

H&M highlights Chile as example: country sales up by 32%
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H&M highlights Chile as example: country sales up by 32%
By InvestChile on October 28, 2019

The company’s CEO highlighted its increase in quarterly sales, particularly in the South American country where the Scandinavian chain has 14 stores.

Tourism: First Antarctic cruise ship built in Chile to start season
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Tourism: First Antarctic cruise ship built in Chile to start season
By InvestChile on October 25, 2019

The ship, which represented an investment of US$50 million, has a double hull with Ice Class PC6 classification, which allows it to sail in frozen seas, breaking the ice as it does so. Its t...

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