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MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

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Explore different types of political risk insurance guarantees provided to investors and lenders.

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Explore global projects that support economic growth, reduce poverty and improves people’s lives.

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Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

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Chile

Compania Minera Mantos de Oro

$49.8 million
Mining
Project Brief
Not Active

With the support of MIGA's $49.8 million reinsurance agreement with the Export Development Corporation of Canada, Canadian-based Placer Dome, Inc., one of the world's leading gold producers, will develop a $335 million gold and silver mining joint venture in Chile. The construction of the new mine will increase Chile's gold production and create an additional 350 jobs. Protection is provided for a $250 million loan guaranty against the risks of currency transfer, expropriation and war and civil disturbance over its seven-year term.