Direct economic return to government of public geoscience information investments in Chile

The study shows that, in average, every dollar invested in PGI in Chile during the past three decades could have generated 11.5 dollars of government tax revenues from the mining industry (in terms of its NPV), with an IRR of around 21%. These results are in accordance with comparable studies abroad, but they should be taken carefully due to methodological restrictions of the study. These indicators are positive in almost all the scenarios considered in the study, despite that they show a wide range of results. Similar outcomes are obtained for the National Geological Program when different scenarios are evaluated.