More than 1,100 companies participate in Argentine mining

2 mins min reading
More than 1,100 companies participate in Argentine mining
More than 1,100 companies participate in Argentine mining
Share:

According to the latest official report, the number of companies comprising the mining productive framework reached 1,102 by the analysis period, last September. This figure represents a 3.3% increase compared to the same period of the previous year and reflects a greater momentum in mining activity in the country.

By Panorama Minero

The sector of application rocks led the number of companies with 33.7%, closely followed by services and activities related to mining, which represented 32.6%. In third place was the sector of production of previously unclassified minerals, accounting for 18.2% of the total, followed by the production of non-metallic minerals, which contributed with 7.6%.

Meanwhile, the mining sector of metallic production represented 5.3% of the companies but generated 28.1% of the total jobs in the sector. Although the number of companies in this sector experienced a year-on-year growth of 1.8%, most of the employment is concentrated in just 11 companies, which have an average of 877 employees each.

Regarding lithium production, 0.9% of the companies are dedicated to this activity, with four companies representing the vast majority of jobs in the sector, averaging 676 employees each.

On the other hand, the sectors of lithium exploration and financing and metallic mining represented 0.8% and 0.6% of the total companies respectively, each with an average of 172 and 187 employees.

Finally, the sector of production of fuel minerals was represented by only 3 companies, but these had an average of 746 employees each, reflecting the high demand for labor in this specific sector.

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 news: Mendoza Strengthens Its Mining Policy with a Royalties Law and an Environmental Compensation Fund | Panorama Minero

Mendoza Strengthens Its Mining Policy with a Royalties Law and an Environmental Compensation Fund

The government has introduced a legislative package establishing a long-awaited royalties framework and a “rapid-action” Environmental Compensation Fund. These legislative initiatives were presented together with the Environmental Impact Declarations (DIAs) for PSJ Cobre Mendocino and Malargüe Mining District, confirming the government’s commitment to moving forward with the development of the mining sector.

Illustrative image for the news: A Historic Donation: Aisa Group Plans to Allocate Over US$500 Million to Public Good Projects in Argentina Over the Next 30 Years | Panorama Minero

A Historic Donation: Aisa Group Plans to Allocate Over US$500 Million to Public Good Projects in Argentina Over the Next 30 Years

Businessman Juan José Retamero, head of Aisa Group, announced that the group plans to allocate more than US$500 million over the next three decades to public good projects in Argentina. The funds will come from the returns on investments made with capital recovered through various ongoing legal proceedings and will be channeled through a foundation established by the company.

Illustrative image for the news: San Juan: Minsud Receives Chita South Porphyry Drilling Results  | Panorama Minero

San Juan: Minsud Receives Chita South Porphyry Drilling Results

Minsud Resources Corp. announced receipt of assay results from fifteen (15) additional drill holes completed in the recently finalized in-fill and selective peripheral diamond drilling campaign at the supergene-enriched Chita South Porphyry (PSU) Cu-Mo-Au deposit, part of the Chita Valley Project in San Juan province.