Week of definitions in Argentine mining leading up to San Juan Mining Expo 2024

Week of definitions in Argentine mining leading up to San Juan Mining Expo 2024

Next Tuesday, May 21, Wednesday, May 22, and Thursday, May 23, Argentine mining will gather at the San Juan Mining Expo 2024, the most important sector event of the year, where strong decisions about the future of the activity are expected. Six governors, the Secretary of Mining of the Nation, and the main mining and supply companies will be present at the event, with the participation of key actors from both the local and international levels. The exhibition comes at a crucial moment for the industry amidst discussions about the RIGI and the need to energize major projects.

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

 Arcadium Lithium reports strong first quarter results and significant growth for 2026

Arcadium Lithium reports strong first quarter results and significant growth for 2026

Arcadium Lithium, the multinational lithium company, announced its financial results for the first quarter of 2024, highlighting solid profitability driven by average prices for lithium hydroxide and carbonate above US$20,000 per metric ton. The company anticipates cost synergies and savings between US$60 and 80 million for the year and continues to advance towards a capacity of 170,000 LCE by 2026.
Salta: AbraSilver begins 20,000 meter drilling campaign in Diablillos

Salta: AbraSilver begins 20,000 meter drilling campaign in Diablillos

AbraSilver Resource Corp, a Toronto-based mining company, announced the start of a 20,000-meter drilling campaign at its Diablillos project in the province of Salta. The diamond drilling program will focus on expanding and delineating high-grade silver and gold mineralization within the company's flagship project. AbraSilver's goal is to identify new mineralized zones and explore under-explored areas, thereby driving the project's growth.

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Six Governors, the New Secretary of Mining and over 300 companies to attend “San Juan International Mining Expo 2024”

Six Governors, the New Secretary of Mining and over 300 companies to attend “San Juan International Mining Expo 2024”

From May 21st to 23rd, San Juan will be the epicenter of mining in Argentina with the "10th San Juan International Mining Expo" organized by Panorama Minero at the Cepas Sanjuaninas venue. This biennial event, founded in 2006, will bring together key industry players at a crucial moment for the country's politics and economy, just days before the “May Pact" meeting announced by President Javier Milei.
Argentine Provinces of Santa Cruz, San Juan, and Jujuy led mining exports in Q1 2024

Argentine Provinces of Santa Cruz, San Juan, and Jujuy led mining exports in Q1 2024

The Argentine provinces of Santa Cruz, San Juan, and Jujuy topped mining exports during the first quarter of 2024, despite a decline in overall sector sales compared to the same period last year. In March, mining exports reached US$320 million, down 5.9% from March 2023. In the first three months of 2024, the total exports amounted to US$861 million, marking a 15.8% decrease compared to the first quarter of 2023.
Anglo American rejects BHP's offer

Anglo American rejects BHP's offer

Following the announcement made by the Australian giant BHP regarding an offer to acquire a portion of Anglo American's global business, the British company's Board of Directors provided an update stating that “the unsolicited, non-binding, and highly conditional offer was unanimously rejected by the company.”
AbraSilver Announces Strategic Investments by Kinross Gold and Central Puerto

AbraSilver Announces Strategic Investments by Kinross Gold and Central Puerto

AbraSilver announced that it has entered into agreements for a private placement with two strategic investors totaling C$20 million. These shares will be purchased by Kinross Gold Corporation and an affiliate of Central Puerto, an Argentine power generation company, each share at a price of C$0.40.

In May, San Juan will serve as the focal point for the Argentine mining industry

In May, San Juan will serve as the focal point for the Argentine mining industry

On May 21, 22, and 23, at the Cepas Sanjuaninas venue in the province of San Juan, the mining industry will showcase its latest innovations and productive advancements within the framework of the "10th International Exhibition: San Juan Mining Expo". Organized since 2006 by the specialized media outlet Panorama Minero, the event expects to gather more than 15,000 attendees and will have the participation of over 15 countries and 300 companies linked to the sector.
The United Arab Emirates enters the Argentine lithium business with a project in Catamarca

The United Arab Emirates enters the Argentine lithium business with a project in Catamarca

The Emirati company called UMPC (United Mining Projects Corporation) confirmed its entry into Argentina with a US$550 million investment to launch the Río Grande Sur lithium project, located in the northwest of the province of Catamarca. The announcement was confirmed by the company in April and is the result of various trade and business missions that the local government has conducted with representatives from the Gulf nation over the last four years. UMPC is a company focused on lithium and other critical minerals and is entering Argentina through its local subsidiary, Marhen Lithium. The founder and CEO of UMPC, Bradley Pielsticker, said that he expects Río Grande Sur to be "one of the most advanced projects in national lithium production."
San Juan: Barrick reached a production of 57 thousand ounces of gold at Veladero

San Juan: Barrick reached a production of 57 thousand ounces of gold at Veladero

Barrick Gold Corporation announced preliminary production for the first quarter of 940 thousand ounces of gold and 40 thousand tons of copper, along with preliminary sales of 910 thousand ounces of gold and 39 thousand tons of copper for all its operating mines. The company expects gold and copper production to increase progressively each quarter throughout the year, with the expansion of the Pueblo Viejo plant in the Dominican Republic increasing from the second quarter and the reactivation of the Porgera mine in Papua New Guinea continuing as planned. "We remain on track to achieve our annual projections for gold and copper.”

NOA Lithium continues exploring the Río Grande lithium project and reports high-grade results

NOA Lithium continues exploring the Río Grande lithium project and reports high-grade results

The exploration junior NOA Lithium Brines reported positive results from the brine sampling of hole RG23-005, the fifth of the phase 1 diamond drilling program executed at the Río Grande project, in Argentina. The hole, located in the Juana Azul concession within the salar, reached a depth of 602 meters and intersected a lithium brine aquifer of significant thickness, starting from a depth of only one meter.
Salta: Lindero gold mine produced over 23,000 ounces in the last quarter

Salta: Lindero gold mine produced over 23,000 ounces in the last quarter

Canadian mining company Fortuna Silver Mines Inc., operator of the first surface gold mine in the province of Salta, in Argentina, has announced robust gold production figures for the first quarter of 2024, stemming from its five operational mines located across West Africa and Latin America. Gold and silver production for the quarter stood at 89,678 ounces and 1.1 million ounces, respectively, amounting to 112,543 gold equivalent ounces, inclusive of lead and zinc by-products.