Mining News

On 06/30/2009, the Supreme Court of Justice of the Nation rendered a decision on the file "Cerro Vanguardia S.A. (TF 22.172-I) v. Dirección General Impositiva" (Cerro Vanguardia S.A. -a mining company- v. Argentine Tax Bureau). The Court ruled that the tax stability benefit granted by Law 24,196 does not allow the imposition of new taxes on shareholders' profits. Regarding this case, see: "The Argentine Supreme Court supports the mining companies protection under the mining investments law" in "Articles of Interest".

On 08/24/2009, the Superior Court of Justice of the Province of Neuquén rendered an interlocutory decision in the file "Emprendimientos Mineros S.A. s/ Queja E/A: "Agrupación Mapuche Mellao Morales c. Provincia del Neuquén s/ Acción de Amparo" (File No. 126- year 2009). Interlocutory order No. 104. The Court decided the petition of the plaintiff (Emprendimientos Mineros S.A.) related to be included as a third party in the file "Agrupación Mapuche Mellao Morales c. Province of Neuquén s/ Acción de Amparo"