ARS 400 Million Investment to Upgrade 300 km of Mining Roads in San Juan

ARS 400 Million Investment to Upgrade 300 km of Mining Roads in San Juan
ARS 400 Million Investment to Upgrade 300 km of Mining Roads in San Juan
Share:
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.

As part of the Provincial Mining Roads Plan and in accordance with Provincial Law LP 387-A (Article 19, sections b and c), the Ministry of Mining of San Juan will carry out significant improvements to the mining routes in the departments of Iglesia, Calingasta, Jáchal, Valle Fértil, Ullum, Sarmiento, and Angaco. This ambitious initiative, considered historic, will involve a total investment of $400 million and will cover more than 300 kilometers of key mining roads.

To implement this plan, an Agreement of Assistance and Cooperation, Promotion, and Development of Small-Scale Mining was signed with the Provincial Institute of Mining Explorations and Exploitations (IPEEM). This partnership between both institutions aims to optimize access to mining areas of interest and strengthen the critical infrastructure that supports the province's productive development.

The project entails the construction and expansion of mining routes to ensure transit between mining zones and local communities or production centers. In addition to improving mining connectivity, the initiative will positively impact related community infrastructure, particularly in areas of difficult access, thus fostering progress in remote regions.

The funds for this ambitious project come from IPEEM, whose mission, in line with current regulations, is to allocate resources for the development of new mining routes and the construction of infrastructure that enhances mining activity in the province, with a special focus on promoting small-scale mining.

Published by: Panorama Minero

Category: News

Join our mining community!


Subscribe to our newsletter for exclusive news, insights, and updates on the mining industry and Panorama Minero's latest initiatives.

Illustrative image for the article: Events: The Mining Industry Gathers in Buenos Aires to Close Out 2024

Events: The Mining Industry Gathers in Buenos Aires to Close Out 2024

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.
Illustrative image for the article: Mendoza Senate Approves Copper Exploration in 34 Projects in Malargüe

Mendoza Senate Approves Copper Exploration in 34 Projects in Malargüe

With a broad majority, the Mendoza Senate has approved the environmental impact declarations for 34 copper exploration projects in the Western Mining District of Malargüe, opening the door to mining activities in the southern part of the province. This decision, already endorsed by the Chamber of Deputies, was ratified with 33 votes in favor and only 3 against, reflecting political consensus on the importance of this initiative for the regional economy.
Illustrative image for the article: San Juan: Minas Argentinas Unveils $1 Billion Investment Plan under RIGI Program

San Juan: Minas Argentinas Unveils $1 Billion Investment Plan under RIGI Program

Mining company Minas Argentinas SA, a subsidiary of AISA Group and operator of the Gualcamayo mine, has submitted a $1 billion investment plan to Argentina’s Incentive Regime for Major Investments (RIGI), making it the first company in San Juan to join this program. This marks the largest proposed investment under the RIGI in the region, with the potential to bring significant economic and employment opportunities.
Illustrative image for the article: Renewable Energy: Genneia Announces Commissioning of La Elbita Wind Farm

Renewable Energy: Genneia Announces Commissioning of La Elbita Wind Farm

Genneia, a renewable energy company, has announced the commissioning of La Elbita Wind Farm, its eighth wind project in Argentina and third in the province of Buenos Aires. Located 42 kilometers from Tandil, this project represents an investment of over $240 million and marks a significant milestone in the company’s wind power capacity in the country.
Illustrative image for the article: Arcadium Lithium Reports Q3 Results Amid Acquisition by Rio Tinto

Arcadium Lithium Reports Q3 Results Amid Acquisition by Rio Tinto

The lithium company, which is set to be acquired by Rio Tinto, reported third-quarter revenues of US$203.1 million, with attributable net income of US$16.1 million and adjusted EBITDA of US$42.9 million. Despite a decrease in volumes and market prices for certain products, the company managed to maintain an average price of US$16,200 per metric ton of lithium. This figure represents a slight decline from the previous quarter, driven primarily by weaker demand and delays in the lithium carbonate production expansion at the Olaroz project in Argentina.
Latin Metals Strengthens its Presence in Argentina’s Metal Mining Sector

Latin Metals Strengthens its Presence in Argentina’s Metal Mining 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.
Lithium: Exar Issues First Corporate Bonds to Finance Cauchari-Olaroz Project

Lithium: Exar Issues First Corporate Bonds to Finance Cauchari-Olaroz Project

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.
AESA: Innovation and Development for the Mining and Energy Industries

AESA: Innovation and Development for the Mining and Energy Industries

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.