Mining News

Legislative news

Joint Resolution No. 4/2021 issued by the Ministry of Productive Development and the Ministry of Economy, published in the Official Gazette on 09/21/2021. (National)

Complementary rules have been approved for the Regime for the Promotion of Investment for Exports, Decree No. 234/2021 (which seeks to promote, among other things, domestic and foreign direct investment to increase productive capacities for exports).

It also implements the conditions and procedures to access the benefits granted by the aforementioned decree.

Mining in the media

“Starting October, investment in mining exploration will exceed 200 million dollars” news piece published by Huarpe on 08/17/2021.

From October to May of next year, the province of San Juan estimates that over 200 million dollars will be invested in exploration, according to the president of the Mining Chamber of San Juan.

“The Secretary of Mining asserted that the sector may attract 30 billion dollars in investments” news piece published by Grupo La Provincia on 08/25/2021.

The Secretary of Mining asserted that the sector has the potential to generate 30 billion dollars in investments and more than 100 thousand jobs in the country and stated that the Strategic Plan to be launched by the Government projects the development of this activity in an environmentally sustainable and economically competitive manner.

“Veladero will invest 120 million dollars and 640 jobs will be created” news piece published by El Tiempo de San Juan on 12/08/2021.

Barrick and Shandong Gold will also join efforts to explore the vicinity of Lama.

The companies announced the investment of 120 million dollars for the construction of Phase 7 of the leaching area. This will mean the creation of 640 jobs in San Juan. It is all part of the optimization of the mine’s operation to extend its useful life until 2030.

“Lithium bombshell: Chinese company Zijin buys Neo Lithium” news piece published by Mining Press on 9/10/2021.

The Chinese mining company, Zijin Mining Group Co, Ltd, will buy the Canadian company Neo Lithium Corp (owner of the Tres Quebradas project located in Catamarca) for 960 million Canadian dollars (USD 770 million).