In July, as detailed in a recent report released by the Secretariat of Mining, companies within Argentina's mining project portfolio achieved a trade surplus of US$134 million, representing a year-on-year decline of 43.3%. This result reflects mining exports totaling US$226 million against imports of US$91 million. As such, the exports of these companies were more than double their imports. In the first seven months of 2024, the cumulative trade balance of these companies showed a surplus of US$1.434 billion, although this represents a 14.9% decrease compared to the same period of the previous year.

The Canadian company, a member of the Grosso Group, has successfully completed the exercise of option agreements for nearly 25,400 hectares of lithium-rich land across its Rincon West, Pocitos, and Antofalla North Projects, in Argentina. This strategic move underscores the Company’s commitment to expanding its lithium portfolio in the region.

The recently approved Law 27,742 includes 65 articles aimed at providing incentives and guarantees to foster and attract private investments in projects that contribute to the development of the local economy.

AbraSilver Resource Corp. announced the completion of the Environmental Impact Assessment (EIA) for its silver and gold Diablillos project, located in Salta. The conclusion of this assessment marks a crucial step towards the development phase of the project, which is expected to achieve positive outcomes in water use, environmental impact, and socio-economic benefits.

Digital platforms that enable real-time fleet management and route optimization are revolutionizing the transport sector at a rapid pace.

The Australian company, Galan Lithium Limited, announced the signing of a memorandum of understanding (MoU) for an offtake prepayment with Chengdu Chemphys Chemical Industry Co., related to the production of lithium products from the Hombre Muerto West (HMW) project, located in Catamarca, Argentina.

San Juan's mining sector has captured the attention of major Japanese companies seeking to explore new investment opportunities in Argentina.

The company that owns the gold mine has announced the start of a new exploration campaign in Santa Cruz, with the goal of extending the mine's life and increasing mineral resources.

Argentina's mineral exports totaled USD 1.86 billion in the first six months of the year, with mining accounting for 4.8% of the country’s total exports in June and 5.1% in the year-to-date. Based on these figures, the National Mining Secretariat reported on the destinations for minerals produced within the country.

The centralization of suppliers in mining operations drives efficiency through inventory optimization, reduction of indirect costs, centralized purchasing, traceability, and risk management.

Nadia Ricci, head of the Santa Cruz Provincial Secretariat of Mining, highlighted the significant contribution of the precious metals sector in exports, employment, and local development.

AbraSilver Resource Corp. reported the assay results from its fully-funded 20,000-metre Phase IV drill program at its Diablillos project in Argentina. The latest drill results highlight the potential for expanding mineralization in the southern and western extensions of the JAC deposit, outside the conceptual open pit boundary.