PUBLICATION

Engineering & Mining Journal

AUTHORS

Meredith Veit, Ty Jeevaratnam

Argentina Mining 2017 E&MJ Release

February 01, 2017

Argentina’s newly action-oriented administration has embraced mining as an integral means of securing foreign direct investment and catalyzing further development throughout the country. President Maurico Macri’s policies directly affecting the industry include simplified import of capital goods, eliminating export taxes for mineral products, freedom of capital outflows, the liberalization of Forex (FX), and a “Nuevo Acuerdo Federal Minero,” which provides a unified national framework for mining regulation and legislation across provinces. Rich in lithium, gold, silver, copper, and uranium, Argentina aims to outshine its neighbors in sustainable extraction and investor enticing opportunities.

Argentina has $500 billion of documented reserves underneath its surface that are currently not seeing development and according to Argentina’s federal Ministry of Mines, only 3% of the total 465 identified projects are in operation at present. A heightened focus on macroeconomic factors as well as plans to invest $26 billion in infrastructure, Argentina’s government hopes to make business easier and bottom lines more bountiful. 2017 is expected to bring greater mineral outputs, project launches, and a better reputation for the previously stagnated country.

RELATED INTERVIEWS MORE INTERVIEWS

Worldwide lithium trends are impacted by the increasing race for electric vehicle development.
EySA is one of the principal actors in Argentina’s mining industry with a specialization in mitigating eco-related issues and ensuring peaceful community relations.
Tembo Power is developing hydropower projects across Africa with a focus on DRC.

RECENT PUBLICATIONS

Peru Mining 2024 Pre-Release II

As the second half of 2024 approaches, Peru stands at a crossroads. According to the latest figures, the Democratic Republic of Congo has surpassed Peru as the second-largest copper producer. Cabinet changes under Boluarte's administration and ongoing corruption cases have taken a toll on investor confidence, and illegal mining remains a pressing issue. However, not everything is lost for the Andean country, and the mining sector presents growth opportunities.

MORE PREVIOUSLY PUBLISHED

MACIG

"We plan to double our copper production by the end of the decade. There remains significant upside potential in the gold industry, and the copper operations are strategic and additive to that."

SUBSCRIBE TO OUR NEWSLETTER