Loading metal prices...

Argentina, well positioned in the Fraser report with Salta as the most attractive province for investment

 Argentina, well positioned in the Fraser report with Salta as the most attractive province for investment
Argentina, well positioned in the Fraser report with Salta as the most attractive province for investment
Share:

According to the annual report from Canada's Fraser Institute, Salta has managed to position itself as the leading province nationwide in two fundamental aspects for the mining industry. Firstly, it has surpassed other provinces in terms of the perception of mining public policies. Additionally, it has consolidated itself as the most attractive destination for investment in this sector.

By Panorama Minero

The Fraser Institute's report highlights that Salta has achieved a notable rating in the realm of mining public policies, scoring 75 points on the perception index. Salta's Minister of Production and Sustainable Development, Martín de los Ríos, pointed out that this rating "highlights the Government's management in mining matters and the province's legal framework, which provides security and predictability for investors."
fraser.png
The Fraser Institute, an independent research institution based in Canada, conducted this assessment through a survey distributed electronically to around 2400 individuals during 2023. The objective was to analyze how mineral resources and public policy factors influence investment in mining exploration.

Argentina has stood out this year as one of the most attractive regions in the world for investment (fourth place), with a median investment attraction score of 74.13. The country's Public Policy Index (PPI) score has significantly increased, rising from 49.54 in 2022 to 64.40 this year, an increase of almost 15 points. Among Argentine provinces, Salta and Jujuy have particularly increased their scores this year.

According to the Fraser Institute report, La Rioja, which this year ranks as the worst jurisdiction in policy and one of the least attractive for investment, ranks 83rd out of 86 jurisdictions. All respondents from La Rioja expressed concern about labor regulation, and 88% of them stated that the province's legal system is an obstacle to investment.

Salta, ranked 26th out of 86 jurisdictions, is the highest-ranked Argentine province in policy. The region increased its PPI score by 25.71 points this year. Investors showed less concern than in the past about Salta's political stability (-56 points), uncertainty about disputed land claims (-50 points), and trade barriers (-39 points). However, respondents showed greater concern about community development conditions (+8 points), the tax regime (+6 points), and infrastructure (+5 points).

San Juan experienced a drop of almost 5 points in its PPI score (-4.53 points) and went from 23rd out of 62 in 2022 to 34th out of 86 in 2023. Respondents expressed growing concerns about the quality of the province's geological database (+36 points), the availability of skilled labor (+28 points), and uncertainty about protected areas (+22 points).

Additionally, this year, of all regions, Latin America and the Caribbean experienced the greatest decline in median investment attraction score. It decreased by almost 20 points, and the region has become the second least attractive for mining investment worldwide. The region also experienced a decrease of 5.62 points in its policy perception score since 2022.

In terms of policy alone, Brazil (43rd) and Chile (49th) are the most attractive jurisdictions in the region for investment, while Colombia dropped in the rankings and is this year the least attractive jurisdiction for investment in Latin America. In fact, Colombia ranks as the fourth least attractive for investment worldwide, occupying 83rd out of 86 positions.
latam fraser.png

Published by: Panorama Minero

Category: News

Join our mining community!


Subscribe to our newsletter for exclusive news, insights, and updates on the mining industry and Panorama Minero's latest initiatives.

Illustrative image for the article: AOMA Secures 8% Salary Hike for Argentina’s Extractive Mining Workforce

AOMA Secures 8% Salary Hike for Argentina’s Extractive Mining Workforce

The Argentine Mining Workers’ Union (AOMA) has reached a new wage agreement with the Argentine Chamber of Mining Companies (CAEM), establishing a cumulative 8% increase in base salaries for the extractive segment. The adjustment will be applied in two stages: 4% in March and 4% in April.

Illustrative image for the article: Battery Metal Volatility and Its Strategic Impact on Mining

Battery Metal Volatility and Its Strategic Impact on Mining

Amid a climate of pronounced volatility in key energy transition metals, the latest reports from S&P Global Platts present mixed signals for lithium, cobalt, and recyclable materials such as black mass. These market fluctuations are directly affecting ongoing projects in Argentina — a critical player in the global lithium supply chain.

Mining Prices on the Rise: Argentina’s Mineral Export Index Climbs 3% Driven by Gold and Copper

Mining Prices on the Rise: Argentina’s Mineral Export Index Climbs 3% Driven by Gold and Copper

According to a recent report from Argentina’s Secretariat of Mining, the global minerals market experienced significant volatility in March, reflecting a complex international backdrop shaped by macroeconomic uncertainty, geopolitical tensions, and shifts in trade policies among major global powers. Against this backdrop, Argentina’s Mineral Export Price Index rose 3% month-over-month, consolidating at historically high levels.

Arminera 2025: A Gathering to Discover the Latest Innovations in the Industry

Arminera 2025: A Gathering to Discover the Latest Innovations in the Industry

From May 20 to 22, Argentina’s mining industry will experience one of its most important events of the year: Arminera 2025. Over 300 companies will take over 20,000 m² at La Rural fairgrounds in Buenos Aires to showcase the latest innovations transforming the mining ecosystem at both local and regional levels.