NGEx Minerals Ltd. provided the first update on its ongoing Phase 3 drill program at the 100% owned Lunahuasi high-grade copper-gold-silver project in San Juan province. Drilling started in mid-October 2024, and six diamond drill rigs are currently working on the project.

As part of the Raw Materials Week held in Belgium, the representatives of Catamarca, Marcelo Murua, Minister of Mining, and Susana Peralta, president of CAMYEN, held several meetings with European Union authorities, companies, and financial entities to present investment opportunities.

Governor Raúl Jalil signed on Friday 13th of December, with Minister of Economy Luis Caputo the province’s adhesion to the Extinction of Reciprocal Obligations Regime.

AbraSilver Resource Corp. announced assay results from the ongoing, fully-funded 20,000 metre (“m”) Phase IV drill program, on its wholly-owned Diablillos project, located in Salta province. Step-out drilling at the JAC Zone continues to deliver high-grade silver intercepts, further expanding the mineralized footprint of the deposit. Key highlights from the latest assay results include:

The golden metal is the leading actor in Argentina's mining exports. Its future is largely tied to copper.

According to data presented by the Group of Exploration Companies of Argentina (GEMERA) at the "Argentina Gold, Silver and Copper" seminar, organized last week by Panorama Minero, foreign investment in mining exploration reached US$493.4 million in 2024, representing a 15.7% increase compared to the previous year. This progress positions Argentina as the sixth global destination for mining investments, surpassing countries such as Peru and Brazil.

McEwen Copper Inc., a subsidiary of McEwen Mining Inc., has obtained approval for the Environmental Impact Assessment (EIA) of the Los Azules copper project. The Environmental Impact Declaration (DIA), issued by the Ministry of Mining of the Province of San Juan, marks a crucial step toward the project's feasibility, construction, and future operation.

Mineral product exports from Argentina reached a total of US$442 million in October 2024, bringing the total for the first 10 months of the year to US$3.611 billion. This performance represents a 61% year-on-year increase in October and a 12.6% growth for the year-to-date, compared to the same period in 2023. Mining exports accounted for 7.0% of Argentina's total exports in October and 5.6% for the year-to-date, exceeding the average mineral exports from 2010 to 2023 by 17.8%. This was reported in the latest update from the Ministry of Mining.

Aldebaran Resources Inc. announced the results of an updated mineral resource estimate for the Altar copper-gold project in San Juan province. This updated resource estimate includes three main porphyry discoveries (Altar Central, Altar East, and Altar United) reported within a single conceptual open pit. The 2024 Altar Resource Estimate is reported using the same cut-off (US$13.99 NSR/t) as the 2021 mineral resource estimate, to allow for a direct comparison.

Filo Corp. announced assay results from six holes from the Filo del Sol Project, located in San Juan province.

Aldebaran Resources Inc. announced that field activities are underway and drilling has commenced at the Altar project in San Juan province.. The Company has secured five drill rigs for the 2024/2025 field program, with an option on a sixth, and is targeting approximately 25,000 m of drilling.

Panorama Minero will organize its double event, "Argentina Gold, Silver & Copper" and the annual sector dinner "The Mining Awards Night", on December 4-5 in Buenos Aires, with an estimated audience of over 650 people. This platform will highlight the current state of the mining industry.

The ambitious mining project located in San Juan, key to Argentina’s future copper supply, welcomed representatives from the European Union and the automotive sector.

Vancouver-based mining company Latin Metals Inc. announced that it has fulfilled the necessary payment obligations to secure a 71% ownership stake in the Cerro Bayo and La Flora exploration projects, located in Argentina’s Santa Cruz Province. This acquisition strengthens its precious metals portfolio in a highly prospective area, amid a strong wave of investor interest in Argentina’s mining hubs. The company also retains an option to acquire 100% of the properties, subject to a 0.75% NSR (Net Smelter Return) royalty.

The Canadian company sees revenue growth and commits to copper development in the country.

Argentine lithium producer Exar, operating in the Cauchari-Olaroz salt flat in Jujuy, has announced its first-ever issuance of Corporate Bonds (Obligaciones Negociables, ON), marking a first for the sector in the country. The bond auction will take place on Thursday, September 7, and the funds raised will primarily be allocated to working capital and refinancing liabilities to support the company's ongoing operations.

Astra Evangelista (AESA), with 75 years of experience, positions itself as a key player in the development of the mining and energy sectors in Argentina, offering comprehensive solutions to the oil, energy, and mining industries. The company, which employs nearly 9,000 people across various Argentine provinces, including Tierra del Fuego, Santa Cruz, Chubut, Río Negro, Neuquén, La Pampa, Mendoza, and Buenos Aires, has strengthened its presence in strategic areas such as the province of Jujuy, where it has begun actively collaborating with the lithium industry, one of the country’s most dynamic and rapidly growing sectors.

The Australian mining company Galan Lithium Limited has announced significant progress at its Hombre Muerto West (HMW) lithium brine project in Catamarca Province, as part of activities carried out during the third quarter of 2024. The company highlighted that it became the first mining company to apply for Argentina's Large-Scale Investment Incentive Regime (RIGI), which offers tax benefits to large-scale projects in strategic and productive sectors like mining. "This initiative, combined with construction progress and a recent capital raise, reinforces Galan’s commitment to developing its projects in Argentina," the company stated.