Global Business Reports (GBR) has covered the mining industry all over the world for decades, yet this global industry takes different forms under specific conditions – such as on an island in the Caribbean. With great enthusiasm we present for you the uniqueness of the mining industry in Latin America North and the Caribbean. This report spans 10 countries: Mexico, Colombia, Guyana, Ecuador, Suriname, Nicaragua, Guatemala, Panama, the Dominican Republic, and Jamaica. As with all our inaugural editions, this publication is guided by two fundamental questions: Why this region, and why now? It is no spoiler to give away that this region offers top-grade, top-tier copper, gold and silver, buried among a mix of geological styles. Geological formations like the Andean Belt, the Cauca region, the Faja de Plata, and the Guiana Shield have become hotspots in the race to replenish global resources. And it is not just GBR who says this; majors like Barrick Gold, Freeport-McMoRan, and Wheaton Precious Metals have recently taken an interest in these belts. Yet, this is also a region that has previously burned investors. Uncertainties have crept in the cracks between compelling success stories and cautionary tales, and in the confusions of proactive and protectionist governments. This area is of a particularly vast and varied geography, with Mexico usually bundled up with its North American peers, and the rest of the countries fading into the hazy label of “Latam,” overshadowed by giants like Chile, Peru, or Brazil. This sub-region that sits in the center has rarely been put at the center. This has left investors wanting a guide that allows them to scan for opportunities, benchmark peers, identify suppliers with local experience, and build regional platforms beyond single-country strategies. The “Latam North and Caribbean 2025” report is therefore designed to fill these gaps. Unlike GBR’s country-specific reports, this edition adopts a regional formula to promote cross-border investment and leaves no blind spots. Some readers may begin with interest in Mexico, the region’s mining anchor, only to be drawn to prospects in Jamaica or the growing buzz around Guyana. Each country is given room to shine individually, while also being woven into broader narratives. Our introduction, “Defining the Region,” is not a passive label but speaks of the very act of drawing the boundaries of what makes this part of the world distinct, from the state of M&A to the uniquely critical role of social license to operate. The rest of the report functions as a regional mining database, organized by commodity, country, and value chain. Producing such a report is similar to assembling a puzzle, with interviews as the pieces. Over four months, we spoke to 90 key decision-makers, including the CEOs of 55 producing and exploring companies, 25 service and equipment providers, and 10 representatives from governments, associations, and financial institutions. In a world awash with AI-generated content, our reports rely purely on face-to-face interviews, whether in person or mediated by a screen, but always emerging from a human exchange. The GBR way allows us to be both intimate insiders and objective outsiders, and that may be just enough to be able to produce content for both those unfamiliar to the region and those whose native countries we portray. We hope that once again we managed to provide an understanding of a place through mining and of mining through a place. We are grateful to all who contributed to this research, and they are the true authors of the insights that follow. Sincerely, Alfonso Tejerina