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Significance The sector will nevertheless remain mired in uncertainty for some time to come due to grassroots opposition, government efforts to overhaul sector regulations, and mining companies’ efforts to test the opportunities of the new political environment. Guatemala is a producer of numerous metals, including silver and nickel. Impacts Ongoing opposition to mining will expose companies to reputational risks in the near term. The San Rafael silver mine will test whether new frameworks, less tainted by perceived corruption, will dampen social conflicts. The government will undertake the first systematic survey of Guatemala’s rare earth resources, believed to be substantial.
A Tue, study studied this question.