The mining sector continues to position itself as a fundamental pillar in the country's economy, its positive development is reflected in the price of the minerals extracted, and until May copper recorded the highest sales price increase with 492 US cents per pound (cUS$/lb), a rise that has not occurred since 2022.

This is why the industry faces significant challenges in terms of traceability, chain of custody and IT security to make these extraction processes safer. The implementation of advanced solutions in these areas not only ensures an efficient and responsible operation, but also strengthens public confidence.

-Hydrocarbon companies paid US$ 378.1 million in royalties to the government

"Traceability in mining has evolved to provide detailed tracking of materials from their origin to their final destination. This process allows each stage of the value chain to be recorded, ensuring that every mineral mined, processed and distributed meets sustainability and social responsibility standards. Technology has become a crucial tool, allowing immutable and transparent verification of every transaction and movement of materials," said Patricio Rojas, CEO and co-founder of Antara.

To promote safety, traceability relies on the chain of custody to maintain the integrity and quality of mineral resources throughout their journey. This system ensures that materials are not adulterated, substituted or diverted at any stage of the process. The implementation of monitoring systems and smart tags, on-site data acquisition and integration with various process and operations devices and systems, including those of other companies, allows total control, reducing the risk of losses and non-conformities to the end customer and improving operational efficiency.

To ensure success in these fields, collaboration between technology providers and regulatory bodies is crucial. Compliance with international standards, such as those set by the International Organization for Standardization (ISO), ensures that processes are safe and sustainable. Regular audits and certification of traceability, chain-of-custody and IT security systems are fundamental steps in maintaining high standards in the industry.

The integration of advanced traceability technologies is redefining modern mining by strengthening the industry's trust and accountability. The mining of the future is transparent, safe and sustainable mining, where every resource extracted contributes to economic and social development in a responsible manner.