Copper: McEwen Highlights Argentina Presence and Investments in Los Azules in Quarterly Results
The Canadian company sees revenue growth and commits to copper development in the country.
Magazine
MARA Advances New Exploration Campaign at Agua Rica
MARA has launched an exploration campaign at Campo de Río Blanco, Andalgalá department, to deepen geotechnical, hydrological, environmental, and soil studies in the area surrounding the Agua Rica deposit.
Minsud Finalizes Chinchillones Infill Drilling and Expands Exploration with New Scouting Targets at Chita Valley
Minsud Resources Corp. announced the successful completion of its Phase IV infill drilling program at the Chinchillones prospect within the Chita Valley Project, located in San Juan Province. A total of 126 drill holes have been completed at this prospect since 2020. The results from the last ten (10) drill holes have helped to confirm the boundaries of the mineralized zone, refine the geological model, and enhance our understanding of the prospect.
Eramet Acquires 100% of Argentina’s Centenario Lithium Project
French company Eramet has completed the acquisition of Tsingshan Group’s 49.9% minority stake in Eramine Sudamérica, the subsidiary operating the Centenario project, a strategic resource in Argentina’s Lithium Triangle. The transaction, which impacts the Group’s net debt by US$699 million, grants Eramet full ownership of this key asset in its lithium expansion strategy.
McEwen Copper Secures Additional US$35 Million Investment From a Rio Tinto Company
Canadian company McEwen Copper, a subsidiary of McEwen Mining with operations in San Juan, has closed a new US$35 million investment made by Nuton LLC, a company led by Rio Tinto. "This investment is part of a previously announced financing offer, consisting of a private placement of up to 2,333,333 common shares at a subscription price of US$30 per share, for a total of up to US$70 million."
Posco Launches the First Commercial Lithium Hydroxide Plant in Argentina
Posco Argentina, a subsidiary of the South Korean mining company Posco, has taken a crucial step in developing the country's lithium sector with the inauguration of the first commercial lithium hydroxide plant. Located in the General Güemes Industrial Park in Salta Province, the plant has an annual production capacity of 25,000 tons and represents an investment of over US$800 million. "This facility positions Argentina as a key supplier in the global lithium-ion battery market, essential for high-end electric vehicles," provincial government officials stated.
San Juan: Sable Starts the 2024-2025 Field Season at the Don Julio Project
The exploration junior Sable Resources Ltd. has commenced its field activities at the Don Julio Project, located in the province of San Juan. The company, listed on the TSX Venture Exchange, has confirmed that all exploration expenditures for this project are fully funded under an Earn-In Agreement signed in 2021 with a subsidiary of South32 Limited.
| Authors
Alejandro Colombo
Minsud Finalizes Chinchillones Infill Drilling and Expands Exploration with New Scouting Targets at Chita Valley
Daniel Jerez
Best legislative practices related to mining taxation: Balancing tax revenue and investment attraction
Agustín López Muñoz
Cauchari-Olaroz: Lithium Argentina Projects a 2024 Production of 20,000 to 25,000 Tons of Lithium Carbonate
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With its Environmental Impact Statement, a new era begins in Hualilán
The Hualilán project received its Environmental Impact Statement for production. Sonia Delgado, Director of Challenger Gold and Vice President of Golden Mining S.A., comments on this significant date for the venture located in the Ullum department, San Juan province.
ARS 400 Million Investment to Upgrade 300 km of Mining Roads in San Juan
The project includes construction and expansion work on mining roads, with the objective of ensuring transit between mining areas of interest and local communities or production centers.
NGEx Kicks Off Phase 3 Drill Program at Lunahuasi
NGEx Minerals Ltd. announced that its Phase 3 drill program has begun at its 100%-owned Lunahuasi property located in San Juan province, Argentina. The Phase 3 program follows a highly successful Phase 2 program completed in the first half of 2024, which delivered some of the highest-grade copper, gold, and silver intercepts drilled anywhere in the world and confirmed that Lunahuasi has both unusually high grades and large size potential. Phase 3 drilling intends to grow the deposit through step-out drilling and provide enough closer-spaced data to develop an initial Exploration Target as provided for in NI 43-101.
Salta: Lindero Gold Mine Reaches its Quarterly Targets and Produces Over 70,000 Ounces in the Year
Lindero Mine, the first open-pit gold mine in Salta province, has reported strong performance during the third quarter of 2024, remaining on track with its annual gold production projections. During this period, gold production reached 24,345 ounces, a 6% increase compared to the previous quarter, largely due to higher ore grades and increased ore processing.
Argentina, at the Center of the Global Lithium Map?
The movements of a constantly evolving industry and the political-economic transformations are directly impacting the country's prospects and possibilities.
The Global Impact on Argentina’s Economy: A View From JP Morgan
Global volatility and its effects on Argentina were the central theme of JP Morgan’s analysis at the region’s largest lithium conference. The country's mining potential, fully influenced by international circumstances, and the need for swift decision-making on the domestic front.
Technology and Innovation: Adionics Inaugurated Its Lithium Plant in Salta
The French firm took another step toward the industrialization of lithium in the Lithium Triangle, this time in the province of Salta.
AI Symposium in Salta: A Space to Deepen the Advantages and Challenges of AI in Mining
With the presence of national and regional mining sector leaders, the second edition of the Symposium on Artificial Intelligence Applied to the Mining Industry will take place at the National University of Salta. Laplace (Argentine Mining Workers Association), Royón (Lithium Task Force), Cacciola (Argentine Chamber of Mining Companies), and representatives from companies and industry chambers will be present.
Grupo Aisa's Investment Plans in Argentina and Mendoza
They will exceed US$ 1.5 billion and are expected to generate more than 5,000 direct and indirect jobs over the next 20 years.
The Day After. Without Obligation, the Best Contribution
I have seen several proposals for defining Mine Closure, and I have also had the opportunity to review applicable regulatory frameworks, which include a set of obligations related to the environmental and social factors inherent to the activity in general and to each specific project. However, there is a contributory work plan of greater added value on which mining could be a notable contributor.
Find Out Who’s Coming and How to Register for the FNS Forum Innovation and Energy to Grow
In the province of San Juan, the Forum of the National Sun Festival, to be held between October 31 and November 1, will feature inspirational speakers, business roundtables, and discussion panels on strategic topics. The event will take place at the Teatro del Bicentenario and the Civic Center of the city.
Lithium in South America 2024: The Mineral of the Energy Transition Gains Prominence on the National Development Agenda
Governors from Argentina’s northwest, alongside international representatives, diplomats, business leaders, and the country’s Secretary of Mining, inaugurated the "13th International Seminar on Lithium in South America," a key event organized by Panorama Minero in Jujuy Province, drawing over 1,500 attendees on its first day. Since its founding in 2011, the event has established itself as a leading platform to discuss lithium's role in the energy transition and its potential to drive the region’s economic and social development. Experts agreed that there are solid reasons to expect a favorable outlook for the sector, despite the current price downturn.
Lunahuasi: NGEx Minerals Announces C$100 Million Private Placement
Net proceeds will be predominantly used towards furthering exploration programs at the Lunahuasi project in San Juan Province.
Arcadium Lithium Confirms Contact with Rio Tinto for Possible Acquisition
Lithium chemical producer Arcadium Lithium plc (NYSE: ALTM, ASX: LTM) has announced that it has been approached by Rio Tinto regarding a potential acquisition. The approach is considered non-binding, meaning there is no certainty that an agreement will be reached.
The Event of the Year in Lithium: A Meeting of Industry Leaders on October 9 and 10
Jujuy will take center stage at the 13th edition of the International Seminar: Lithium in South America, the pioneering event in the lithium sector, organized by the specialized media Panorama Minero since 2011. As in previous years, it is expected to gather thousands of representatives linked to one of the most attractive segments of both Argentine and global mining.
Mining Exports Represented 9.1% of Total Argentine Exports
Mineral exports during August 2024 reached US$550 million, accumulating a total of US$2.736 billion in the first eight months of the year. This information comes from a recent report by the National Mining Secretariat, presented at the end of September.
San Juan: Challenger Gold Targets Gold Production at Hualilán in Q2 2025
The company aims to accelerate the development of the deposit located in San Juan to take advantage of the rising gold price environment.
Conclusions from LME Week: Lithium and Copper, Key to Promoting Argentina’s Mining Sector Abroad
An important delegation of national and provincial officials, along with private sector representatives from Argentina, participated in the London Metal Exchange Week.