Article

Mineral exploration in South America is advancing steadily, with a 12% increase in exploration spending in 2023. The region received nearly half of the global copper exploration budget. Projections indicate a 5% to 6% annual growth in exploration investment through 2033.

To sustain this growth, stakeholders must enhance regulatory clarity and companies should adopt advanced technologies. Exploration strategies are evolving, targeting deeper deposits with higher technical risks.

The Core Shack facilitates technical discussions on geological models and exploration risks. For proEXPLO 2026, 16 of 20 project slots are confirmed, featuring projects from Argentina, Chile, Ecuador, Nicaragua, and Peru.