From Resources to Value: Strengthening Mining in LAC

preparation

This Technical Cooperation supports a targeted package of regulatory reform, institutional strengthening, project preparation, and upstream analytical work in Ecuador, Panama, and Peru in direct alignment with the IDB Group's LAC Minerals initiative. The initiative recognizes that while Latin America and the Caribbean hold globally significant mineral endowments the region captures limited value due to gaps in governance, institutional capacity, and midstream development.The TC addresses these constraints by generating key public goods that enable responsible private investment and strengthen countries' participation in mineral value chains. It adopts a differentiated approach across the three countries. In Ecuador, it supports the implementation of the 2026 mining reform and the structuring of a potentially significant copper deposit. In Panama, it supports the establishment and operationalization of a new mining authority. In Peru, it focuses on identifying and structuring opportunities for midstream mineral processing and value addition.Its general objective is to strengthen governance, institutional capacity, and value addition opportunities in the mining sector in Ecuador, Panama, and Peru, enabling responsible investment and supporting the development of competitive and sustainable mineral value chains under IDB LAC Minerals.In Ecuador, the TC will support the development of secondary regulations and the technicalpreparation to structure a potentially significant copper project. In Panama, it will support the operationalization of a new mining authority through institutional design, regulatory frameworks, digital systems, and governance mechanisms. In Peru, it will identify and develop midstream processing opportunities through diagnostics of mineral flows, infrastructure, and regulatory frameworks, and the preparation of pre-feasibility profiles for priority investments.