December and January witnessed important news and announcements regarding the Argentine mining sector: increasing metal production at several mining centers also as fast development in the lithium sector show a promising 2019.
On the corporate side, Barrick (operator of Veladero mine) merged with Randgold, and Goldcorp (operator of Cerro Negro mine) merged with Newmont, showing a new era for the gold industry, in a worldwide scale.
Potasio Rio Colorado, one of the most emblematic mining projects in Argentina, received an important support: in a joint press conference, the Governor of Mendoza and the Director of the Shanghai Potash Engineering Technology Research Center expressed their intention to advance in the potash project located in Malargüe, in the south of the province.
In the metalliferous sector, San Jose mine (Hochschild Mining) and Puna Operations (SSR Mining) delivered strong results.
The lithium sector is growing and moving even faster than previous months: Pluspetrol, a national oil company, acquired LSC Lithium and its promising Pozuelos and Pastos Grandes projects. Other relevant news came from Cauchari-Olaroz (Lithium Americas), Olaroz (Orocobre), and Tres Quebradas (Neo Lithium)