Andean Mining is an Australian mining and exploration company which is in the process of applying to the Australian Securities Exchange (ASX Ticker: ADM) to list in 2H21.
Andean Mining operates in Colombia through it’s wholly owned subsidiary Corporacion Minera de Colombia SAS (“CMC”). CMC owns 100% of the El Dovio copper-gold-silver-zinc “VMS” licences in the Department of Valle Del Cauca, Municipality of El Dovio, in central west Colombia.
The Board of Andean Mining recognises the opportunity Colombia presents to expand the business through both organic growth and acquisition due to the historically low levels of exploration and development in one of the world’s premier mineral belts. Colombia occupies a significant tract of the well-mineralised Andean mountain terrain which remains underexplored due to former political uncertainty. Several major international mining company’s operate in Colombia including Anglogold Ashanti, BHP, Glencore and Zijin.
Local and departmental governments are supportive of mining development in Colombia.