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Chile Ranked Third On List Of Best Countries For Mining Investment And Development. Positive Business Climate Cited As Key To Attracting Private Equity Group.
Chile Ranked Third On List Of Best Countries For Mining Investment And Development. Positive Business Climate Cited As Key To Attracting Private Equity Group..
About this update from Trinity Resources Inc.
[{"type":"text","content":"\n\n\n\n\n\n\n\nChile Ranked Third On List Of Best Countries For Mining Investment And Development. Positive Business Climate Cited As Key To Attracting Private Equity Group.\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nChile Ranked Third On List Of Best Countries For Mining Investment And Development. Positive Business Climate Cited As Key To Attracting Private Equity Group.\n\nPR Newswire\n\nHENDERSON, Nev., May 22, 2013\n\n\n\n\n\n\n\nHENDERSON, Nev., May 22, 2013 /PRNewswire/ -- Trulan Resources Inc. (OTCPK:TRLR) (the \"Company\" or \"Trulan\") reports on political and economic factors in Chile that further continued investor and corporate confidence relating to the mining climate in general, and to the IGP Project in particular.\n\n\n\nChile's well defined mineral endowment continues to attract significant capital investment primarily due to the capability of its existing infrastructure enabling products to access markets, the capacity of its human capital resources and its stable political and economic systems. A recent report issued by Behre Dolbear Group Inc. – which has compiled annual political risk assessments of the key players in the global mining industry since 1999 – Placed Chile behind only Australia and Canada as the best mining jurisdictions that reflect conditions that promote investment growth in the mining sector. \n\n\nThe economy of Chile is one of the most stable and prosperous in South America with the highest GDP per capita in Latin America. Mining is one of the pillars of Chile's economy and the government strongly supports foreign investment in the sector, and has for decades worked to modify its mining industry laws and regulations to create a favorable investing environment for foreigners. Because mining is a key component of all economic activity in Chile, representing more than 20% of its GDP and generating direct employment for approximately 110,000 people and indirect employment to more than 500,000, it is a highly desired jurisdiction in which to do business and invest capital on an international basis....