Santa Cruz: Don Nicolás mine exceeded 16,000 ounces of gold produced in Q2
Cerrado Gold has announced the Q2 production results for the Don Nicolás mine, located in the province of Santa Cruz.
Q2: Barrick reported production of 56,000 gold ounces at Veladero
Barrick Gold Corporation has announced the production and sales volume of its iconic Veladero mine, located in the province of San Juan, in which it holds a 50% stake alongside its Chinese partner Shandong Gold. During the last quarter, the mine produced 56,000 ounces of gold, reaching a total of 113,000 ounces year-to-date. In terms of sales, Barrick reported the commercialization of 68,000 ounces of gold produced at Veladero during the second quarter (Q2), bringing the total to 101,000 ounces sold in 2024.
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Events
The productive sector of San Juan calls for adherence to the RIGI
The Productivity Board of San Juan, an organization that encompasses the Industrial Union of San Juan, the Mining Chamber of San Juan, the Argentine Chamber of Construction, and the Foreign Trade Chamber of San Juan, has issued a statement highlighting the importance of unity and commitment to ensure the economic development of the province and the country: "The RIGI is crucial to attract major investment projects."
Austral Gold CEO: "We are close to reactivating the Casposo Mine"
In a recent statement, Austral Gold CEO Stabro Kasaneva announced the latest update on the mineral resources at the Casposo project.
Diablillos Project: AbraSilver presented the first results of phase 4 exploration in Salta
AbraSilver has announced the first set of assay results from its fully funded Phase IV drilling program totaling 20,000 meters at its Diablillos gold-silver project located in Salta.
Lithium in Salta: The Rincón project will export 20 metric tons of carbonate to South Korea
Australian company Argosy Minerals Limited (ASX: AGY) has announced the signing of a sales contract with a Korean chemical company for the commercialization of 20 metric tons of lithium carbonate. This battery-quality product has been produced at their 2,000 tons per year (tpa) plant located in Salta, Argentina.
Lithium in Catamarca: Hombre Muerto West reached 40% completeness
Lithium projects in Argentina are at a crucial stage as they are brought online amid a context of falling prices and the need to accelerate production to meet future demands.
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Amanda Hall: "The lithium demand is going to be present for a long time"
Interview with Amanda Hall, CEO of the DLE tech-group Summit Nanotech, about the inflection points that the lithium industry is experiencing today.
PwC Report: The mining industry will rely on AI and metal recycling for the sustainability of its operations
The 21st edition of PwC’s “Mine 2024” report offers a detailed analysis of the current landscape and future prospects of the global mining industry. Among other conclusions, the document highlights the fundamental role of major companies in the sector in addressing global challenges such as food security, the transition to a low-carbon economy, and the growing demand for infrastructure and consumer goods.
Javier Milei signs deal to transform Argentina's economic landscape emphasizing mining's role
On Monday night, President Javier Milei signed the "Pacto de Mayo" in Tucumán, an agreement with both supporters and opponents of his government, aiming for a foundational shift.
The Centenario lithium mine is now operational, the first to enter the production phase in Salta
With the presence of the Governor of Salta, Gustavo Sáenz, Eramine Sudamérica, a subsidiary of the French group Eramet (50.1%) and its Chinese partner Tsingshan (49.9%), inaugurated its lithium carbonate production plant this Wednesday. This marks the first of its kind in the region and the first project to enter the production phase in Salta. Additionally, it is the fourth producer in the country following in the footsteps of Olaroz and Fénix mines by Arcadium Lithium, and the Cauchari-Olaroz deposit operated by Lithium Argentina.
“The balance of mining activity is very positive”
Simón Pérez Alsina, president of the Salta Mining Chamber, highlights the progress of the projects and the development of suppliers.
Past and present of Piuquenes
A review of the history of the copper project located in the province of San Juan, operated by Pampa Metals Inc.
For every 100 dollars exported, Argentina's mining projects imported approximately 32 in May
During May, the latest reporting period by the Secretariat of Mining, 16 mining projects in production achieved exports worth US$372 million. This value represents a year-over-year growth of 24.5% and accounts for 97.1% of the total mining exports made during the month.
Salta issued a new Environmental Impact Statement and has six lithium projects under construction
The Secretariat of Mining and Energy of Salta has issued the Environmental Impact Statement (EIS) for Potasio y Litio Argentina S.A. (PLA S.A.) to begin the construction of a commercial plant for lithium carbonate production in the Diablillos Salar. With this permit, Salta now has six lithium projects under construction, positioning itself as a significant player in the region.
Piuquenes Project: Pampa Metals Delineates High Grade Porphyry Cu-Au Mineralization in Maiden Drill Program
Pampa Metals Corp. provided a summary of its highly successful maiden drill program at the Piuquenes porphyry project, San Juan province. The Piuquenes project was optioned on 30 November 2023 and the Company mobilized a 3 diamond drillhole program for 2,592m on 7 December 2023.
Minsud updates exploration results in Chita Valley
Minsud Resources Corp. announced the receipt of assay results from five additional drillholes, which were completed as part of the ongoing Phase IV infill and scout drilling program at the Chita Valley Project, San Juan Province.
In May, San Juan and Santa Cruz led the export of minerals
The Argentine mining sector reported exports totaling US$383 million in May 2024, registering a 21.5% year-on-year increase. San Juan regained its position and established itself as the leading exporting province, followed by Santa Cruz.
Argentine mining exported US$1.5 billion in the first five months of the year
In May 2024, mineral exports totaled US$383 million, accumulating a total of US$1.577 billion in the first five months of the year. These figures represent 5.5% of Argentina's total exports in May and 5.1% for the year-to-date. Reported by the National Mining Secretariat, this performance reflects a 21.5% year-on-year increase in May, despite a 3.5% decrease in the year-to-date total. Compared to the 2010-2023 average, the 2024 year-to-date total is 5.9% higher.
Risk management in the mining sector supply chain
Mining companies must adapt to uncontrollable events to maintain their operations and profitability. In this regard, current mitigation strategies still present significant challenges that must not be overlooked.
Four trends in Latin American mining shaping the industry's future
Latin American mining is experiencing an exceptional moment given the excellent outlook for copper and lithium. Alongside the favorable prices for the red metal, there are significant investment plans to exploit the continent's lithium reserves.