Andean Mining Limited (ASX:ADM)
Andean Mining Limited (ASX:ANM) is an Australian mining and exploration company operating in Columbia.
Andean Mining operates in Colombia through its wholly owned subsidiary Corporacion Minera de Colombia SAS (CMC). CMC owns 100% of the El Dovio copper-gold-silver-zinc VMS licences, in central west Colombia.
The Company believes Colombia provides an excellent opportunity to expand through both organic growth and acquisition due to the historically low levels of exploration and development in one of the worlds premier mineral belts.
Colombia occupies a significant tract of the well-mineralised Andean mountain terrain which remains under-explored due to former political uncertainty. Several major international mining companies operate in Colombia including Anglogold Ashanti (ASX:AGG), BHP Group Limited (ASX:BHP), Glencore and Zijin.
Local and departmental governments are supportive of mining development in Colombia.