Alfredo Cornejo at PDAC 2024: "We want to develop mining in Mendoza and will accelerate the timelines for it to happen"

Alfredo Cornejo at PDAC 2024: "We want to develop mining in Mendoza and will accelerate the timelines for it to happen"

The governor of Mendoza addressed the economic and mining situation of Argentina and his province, which has had a restrictive law for mining development since 2007, a scope that could be modified in the next period. Analyzing this scenario, the provincial leader stated that he will speed up the production of copper in the territory since, with the current law and the procedures used in modern copper production, no article of Law 7.722 related to the use of prohibited substances is violated. He did so in the context of the PDAC 2024, at an event for investors promoted by the Argentine Chamber of Mining Companies (CAEM). The province will seek to capitalize on its potential around the red metal and will form a local industrial hub while working together with its counterparts from San Juan, Catamarca, and Salta. From May 21 to 23, the governors of these provinces will formally establish the "Copper Task Force" at the San Juan Mining Expo 2024, an event organized by Panorama Minero since 2006.

Magazine

Edición 528 - Marzo 2024
2024 Argentine Mining Compendium
Edición 527 - Febrero 2024
Edición 526 - Diciembre 2023
Edición 525 - Noviembre 2023
Edición 524 - Octubre 2023
Edición 523 - Septiembre 2023
Edición 522 - Agosto 2023
Edicion 521 - Julio 2023
Edición 520 - Junio 2023
Edicion 519 - Mayo 2023
Edición 518 - Abril 2023

Events

    Expo San Juan
    Lithium in South America
    Gold, Silver & Copper

The Argentine Chamber of Mining Companies gave its support to the "May Pact"

The Argentine Chamber of Mining Companies gave its support to the "May Pact"

The Argentine Chamber of Mining Companies expressed its support for the "May Pact" in a statement issued on Monday, March 4th. The Mining Chamber, also known as CAEM, endorsed the initiative proposed by the national government to establish guiding principles, together with provincial authorities, to guide the social, productive, and economic development of the country.

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Argentina: Blue Sky announced new PEA on its uranium-vanadium project

Argentina: Blue Sky announced new PEA on its uranium-vanadium project

Blue Sky Uranium Corp. has unveiled the results of a new Preliminary Economic Assessment (PEA) for the Ivana uranium-vanadium deposit, part of the Amarillo Grande Project located in the province of Río Negro. The updated assessment includes a new mineral resource estimate, with approximately 80% of the resources now in the Indicated category. “This assessment demonstrates a solid economy for a surface mining operation, with 11 years of production for both minerals.”
Lithium: Despite the price impact, Eramet announces full production capacity in mid-2025

Lithium: Despite the price impact, Eramet announces full production capacity in mid-2025

The French company Eramet, associated with the Chinese company Tsingshan, announced that the company has "solid growth fundamentals" in the lithium sector despite the drop in prices recorded in the last period. The start of production at full commercial capacity remains firm for mid-2025, reaching 24 kt of lithium carbonate equivalent (LCE) produced in Salta.

Focused on Argentina, Arcadium projects a 40% increase in lithium production for 2024

Focused on Argentina, Arcadium projects a 40% increase in lithium production for 2024

The recently merged company, Arcadium Lithium, announced it expects to boost combined volumes of lithium carbonate and lithium hydroxide delivered to customers by approximately 40% in 2024, reaching between 50,000 and 54,000 metric tons. This is due to expansions in lithium carbonate production in Olaroz and Fénix, in Argentina, as well as in hydroxide assets in other global locations.
Catamarca:  Lake Resources will have its first lithium production in 2027

Catamarca: Lake Resources will have its first lithium production in 2027

Australian junior Lake Resources, developer of the Kachi lithium project in Catamarca, reported that drilling completed in its operation continues to intercept lithium-rich brine in sand units, favorable for extraction over thick intervals in the southern portion of the central resource area.
Lindero gold mine: Fortuna reports updated Mineral Reserves and Mineral Resources

Lindero gold mine: Fortuna reports updated Mineral Reserves and Mineral Resources

Fortuna Silver Mines has provided its latest Mineral Reserve and Mineral Resource estimates as of December 31, 2023 for its five operating mines in West Africa and the Americas, as well as the Arizaro project, part of the Lindero mine located in Salta and operated through its subsidiary Mansfield Minera SA, in Argentina.
San Juan Province: McEwen announced significant progress at Los Azules Copper Project

San Juan Province: McEwen announced significant progress at Los Azules Copper Project

Canadian company McEwen Mining, developing the Los Azules project through its subsidiary McEwen Copper, in the province of San Juan, reported that twenty drilling rigs are on-site, with over 36,000 meters of drilling completed to date as part of the season. The goal is to advance in all areas contributing to the upcoming Feasibility Study (FS), expected to be published in the first quarter of 2025.

Barrick highlights Veladero's revival: "Emerging stronger than ever"

Barrick highlights Veladero's revival: "Emerging stronger than ever"

During the announcement of its year-end results, the Canadian company, operator of the iconic Veladero gold deposit located in the Iglesia department of San Juan province, stated that "the operation comfortably exceeded its production expectations and managed to reduce costs, marking a significant shift in its trajectory."
Infrastructure: Salta presents progress in the electrification of the Puna

Infrastructure: Salta presents progress in the electrification of the Puna

The provincial government of Salta presented the comprehensive electrification project of the Puna to representatives from companies in the sector at a meeting held at the local Mining House. The initiative aims to ensure electrical supply to mining projects and communities in the region, with a focus on efficiency and electrical safety.

Flavia Royon and Mining Governors presented industry potential in Berlin

Flavia Royon and Mining Governors presented industry potential in Berlin

The Ministry of Mining of the Nation and the governors of Salta, Jujuy, San Juan, and Catamarca presented the Argentine mining asset as a de-risking factor at the First Argentine-German Meeting on Critical Minerals in Berlin. Sovereign guarantees, financial instruments, and specific funds for the development of new investments in Argentine mining were the focus of the business day.
For the first time, mining in Argentina exceeds the 40,000-worker mark

For the first time, mining in Argentina exceeds the 40,000-worker mark

In its latest report, presented in January following the change of government, the National Mining Secretariat provided updates on employment levels in the industry. Based on the analysis of September, the latest reporting period, and presented during the current month, the national mining portfolio highlighted that mining workers in Argentina reached the threshold of 40,243 jobs, with a growth of 7.6% compared to September 2022.