WEEKLY NEWSLETTER

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.
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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."

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McEwen Copper executives meet with President Javier Milei

An operation by the Veladero, Lama, and the San Juan Government Teams safeguards 16 miners from an exploration company.

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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 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.