Big Industry, Small Rules. The Mining Industry in Colombia

Resumen

This paper describes the Colombian legal framework applicable for the mining industry and identifies the problematic issues within and then proposes some straightforward reforms. To accomplish this objective the presents some information about the importance of this activity in the current political and economic setting and describes the fast growth of this industry as well as the influence of the global markets with regard to the needs of the mining activity. The paper proposes six basic reforms to adjust the legal framework to the current challenges of the industry.