Copper and gold in La Rioja: Sendero Resources begins drilling at Peñas Negras
Sendero Resources Corp. announced that drilling has commenced at its 100% owned Peñas Negras Project on the Vicuña Belt in La Rioja Province, Argentina.
Category: copper
42 articles in this category
Jujuy Province: Two copper and gold projects thrive with local investment
The only mining initiative in Jujuy with local investment began two years ago, exploiting copper for export while progressing towards alluvial gold production.
San Juan: Pampa Metals Corp. Announces Diamond Drilling Program Design for Piuquenes Central Copper-Gold Project
Pampa Metals Corp. has unveiled the completion of the design for its diamond drilling program aimed at showcasing the potential of the Piuquenes Central copper-gold project in San Juan. The project area hosts a mineral body reaching a depth of 1,000 meters and a diameter of 300-500 meters.
Argentina: Junior mining company Latin Metals acquires copper project in Jujuy
Canadian firm Latin Metals Inc. has announced the acquisition of the Terraza copper exploration project located in the province of Jujuy, taking possession of 68,000 hectares rich in the red metal. With an extensive exploration portfolio in South America, Latin Metals aims to establish a presence in the copper sector and sediment-hosted projects in this emerging region, expanding its land holdings to over 500,000 hectares.
Salta: Governor Saenz and the National Mining Secretary assessed the status of the Taca Taca copper project
It occurred during a meeting with First Quantum Minerals and its subsidiary Corriente Argentina S.A. The National Mining Secretary also participated. "This is one of the most important projects that could change the productive matrix of the province," the government stated.
San Juan: Exploration advances at the world-class Filo del Sol project
This was announced by Filo Corp. in a recent statement, affirming the exceptional potential to expand the high sulfidation copper, gold, and silver epithermal deposit associated with a large copper and gold porphyry system located in San Juan territory. The goal for 2024 is to evaluate the full potential of the property, globally recognized for its geological wealth.
San Juan: Los Azules appoints Mario Hernández as Sustainability Manager
Renowned San Juan geologist Mario Hernandez has been appointed as the new Sustainability Manager for the Los Azules copper project, operated by McEwen Copper in the province of San Juan.
Copper in San Juan: AbraSilver commences exploration at La Coipita Project in Argentina
AbraSilver Resource Corp., in partnership with Teck Resources Limited, has announced the commencement of drilling activities at the La Coipita copper-gold porphyry, located in San Juan. This project is situated in a region renowned for hosting world-class deposits such as Josemaría, Altar, Filo del Sol, and Los Azules.
San Juan Province: McEwen announced significant progress at Los Azules Copper Project
Canadian company McEwen Mining, developing the Los Azules project through its subsidiary McEwen Copper, in the province of San Juan, reported that twenty drilling rigs are on-site, with over 36,000 meters of drilling completed to date as part of the season. The goal is to advance in all areas contributing to the upcoming Feasibility Study (FS), expected to be published in the first quarter of 2025.
San Juan Governor visited PDAC 2024: "Mining is an opportunity for our province because it's what the world needs"
The provincial governor is participating in the main global mining fair with the aim of seeking projects and investments in the mining hub. Canada is once again hosting the PDAC, the sector's most emblematic exhibition.
Alfredo Cornejo at PDAC 2024: "We want to develop mining in Mendoza and will accelerate the timelines for it to happen"
The governor of Mendoza addressed the economic and mining situation of Argentina and his province, which has had a restrictive law for mining development since 2007, a scope that could be modified in the next period. Analyzing this scenario, the provincial leader stated that he will speed up the production of copper in the territory since, with the current law and the procedures used in modern copper production, no article of Law 7.722 related to the use of prohibited substances is violated. He did so in the context of the PDAC 2024, at an event for investors promoted by the Argentine Chamber of Mining Companies (CAEM). The province will seek to capitalize on its potential around the red metal and will form a local industrial hub while working together with its counterparts from San Juan, Catamarca, and Salta. From May 21 to 23, the governors of these provinces will formally establish the "Copper Task Force" at the San Juan Mining Expo 2024, an event organized by Panorama Minero since 2006.
“The growth of the copper industry is key for Glencore”
Juan Donicelli, Country Manager of Glencore Copper Argentina, presented the overview of MARA and El Pachón, as well as the expectations of the communities surrounding two of Argentina's major copper projects.
San Juan: Latin Metals expands its copper project Esperanza
Canadian junior Latin Metals announced that it has signed a binding agreement with Golden Arrow Resources Corp. to acquire up to a 100% interest in the Huachi property, covering an area of 3,500 hectares and located in the province of San Juan. Huachi borders the Esperanza copper project, majority-owned by the company, allowing the firm to expand the exploration horizons of the venture.
Altar Project: Genneia Offsets the Carbon Footprint of Aldebaran Resources
Genneia, the country's leading renewable energy company, is partnering with Aldebaran Resources Inc., a mineral exploration company, to offset its carbon emissions generated in Argentina through the issuance of 848 Verified Carbon Units (VCUs).
Copper: McEwen Copper invested US$230 million in the exploration of Los Azules
McEwen Copper, the company developing the Los Azules copper project, announced that it has reached the milestone of US$230 million in investment over the nearly three years it has been exploring the mega-project located in San Juan, Argentina.
San Juan: Altar Copper Project shows significant progress in its exploration activity
The Altar Copper-Gold Project, operated by Aldebaran Resources Inc. (TSX V.ALDE), continues to stand out with significant exploration results.
Copper in San Juan: McEwen secures $70 million financing for Los Azules
McEwen Mining Inc. announced a new investment of up to $70 million in its subsidiary McEwen Copper Inc. This investment will be made through a private sale of up to 2,333,333 common shares of McEwen Copper at a price of $30.00 per share, and will be mainly focused on the growth of the Los Azules copper project, one of the five megaprojects located in the province of San Juan.
Q2: Barrick reported production of 56,000 gold ounces at Veladero
Barrick Gold Corporation has announced the production and sales volume of its iconic Veladero mine, located in the province of San Juan, in which it holds a 50% stake alongside its Chinese partner Shandong Gold. During the last quarter, the mine produced 56,000 ounces of gold, reaching a total of 113,000 ounces year-to-date. In terms of sales, Barrick reported the commercialization of 68,000 ounces of gold produced at Veladero during the second quarter (Q2), bringing the total to 101,000 ounces sold in 2024.
BHP and Lundin strike major copper deal with Filo Corp acquisition
In a significant strategic move and one of the biggest transactions in the copper sector this year, Lundin Mining Corporation and BHP have agreed to acquire Filo Corp. in a deal valued at C$4.500 billion.
In Salta, Lindero consolidates its gold production surpassing 22,000 ounces in three months
Formerly known as Fortuna Silver Mines, the company who rebranded itself as Fortuna Mining in early July reported a production of 22,874 ounces of gold at the Lindero mine, located in Salta and operated by its local subsidiary Mansfield Minera SA, as part of its productive and operational results for the second quarter. The performance was similar to Q1, where production volume reached 23,262 ounces with an average gold grade of 0.61 g/t and 0.60 g/t respectively in each period.
Opinion: BHP and Lundin Mining lay the groundwork for Argentina to restart copper production
The agreement between the companies opens the door to the potential launch of different projects in the Vicuña district, with economic and social impact measurable in several decades.
Salta to Review Taca Taca's Environmental Impact Assessment Ahead of Construction
The province of Salta will host a technical and scientific meeting and joint inspection regarding the Taca Taca Project, one of Argentina's five major copper initiatives. Various departments within the Ministry of Production and Sustainable Development, together with the Argentine Geological and Mining Service (SEGEMAR), will assess the project's Environmental and Social Impact Assessment (ESIA), while also conducting on-site oversight and monitoring activities.
McEwen Copper Secures Additional US$35 Million Investment From a Rio Tinto Company
Canadian company McEwen Copper, a subsidiary of McEwen Mining with operations in San Juan, has closed a new US$35 million investment made by Nuton LLC, a company led by Rio Tinto. "This investment is part of a previously announced financing offer, consisting of a private placement of up to 2,333,333 common shares at a subscription price of US$30 per share, for a total of up to US$70 million."
Copper: McEwen Highlights Argentina Presence and Investments in Los Azules in Quarterly Results
The Canadian company sees revenue growth and commits to copper development in the country.
Copper: Diplomatic and Business Leaders Visit Los Azules Project
The ambitious mining project located in San Juan, key to Argentina’s future copper supply, welcomed representatives from the European Union and the automotive sector.
Mendoza Senate Approves Copper Exploration in 34 Projects in Malargüe
With a broad majority, the Mendoza Senate has approved the environmental impact declarations for 34 copper exploration projects in the Western Mining District of Malargüe, opening the door to mining activities in the southern part of the province. This decision, already endorsed by the Chamber of Deputies, was ratified with 33 votes in favor and only 3 against, reflecting political consensus on the importance of this initiative for the regional economy.
Argentina Reaches Record Figures in Mining Exploration in 2024, with San Juan Leading Investments
According to data presented by the Group of Exploration Companies of Argentina (GEMERA) at the "Argentina Gold, Silver and Copper" seminar, organized last week by Panorama Minero, foreign investment in mining exploration reached US$493.4 million in 2024, representing a 15.7% increase compared to the previous year. This progress positions Argentina as the sixth global destination for mining investments, surpassing countries such as Peru and Brazil.
Copper: The red metal, on fire
Argentina, with great potential to develop its Andean porphyries.
Copper: BHP and Lundin Mining finalize the acquisition of Filo Corp
In a move that reinforces their position in the global mining industry, BHP and Lundin Mining have completed the acquisition of Filo Corp., a company listed on the Toronto Stock Exchange and the owner of the Filo del Sol (FDS) copper project, located in the Vicuña district between Argentina and Chile. This step marks a key milestone in the expansion of both giants in the copper market, a critical mineral for the energy transition and global technological growth.
With a US$559 Million Investment, San Jorge Puts Mendoza on the Global Copper Map
The environmental impact report (EIA) adjustment for PSJ Cobre Mendocino, formerly known as San Jorge, has been presented. The project entails a US$559 million investment and could become the first mining project in Mendoza to be incorporated into Argentina’s Large Investment Incentive Program (RIGI).
Copper: Los Azules Requests Admission to Argentina's Incentive Regime for Large Investments
McEwen Copper Inc., a subsidiary of McEwen Mining Inc. announced today that its subsidiary Andes Corporación Minera S.A., has applied for admission of the Los Azules copper project to Argentina's Large Investment Incentive Regime (“RIGI”).
Michael Meding: "The RIGI is a very good tool to bring more confidence and competitiveness to Argentina"
Michael Meding, VP & General Manager of McEwen Copper, discusses Los Azules’ adhesion to the RIGI, strategic partnerships, and the project's path to a Final Investment Decision, aiming for construction by early 2026.
Marcelo Orrego at PDAC 2025: “Argentina Has Absolutely Everything to Attract Investment”
The Governor of San Juan is pursuing an active agenda in Canada, aiming to secure investments and ensure progress in the province’s main metal mining projects. He will participate in events, dinners, and conferences and will also visit the Toronto Stock Exchange.
NGEx: More outstanding results at Lunahuasi
NGEx Minerals Ltd. provided the fourth update on its ongoing Phase 3 drill program at the 100% owned Lunahuasi high-grade copper-gold-silver project in San Juan province. Eight drill rigs are now turning at Lunahuasi with eleven holes completed and 16,433m drilled.
Glencore Appoints Martín Pérez de Solay as CEO in Argentina
One of the mining executives behind the development of the Olaroz lithium operation, he joins the copper sector driven by Glencore’s plans to advance its projects in Argentina, taking advantage of favorable market and local conditions.
Copper Price Surge Amid Global Demand and Trump-Induced Uncertainty: How High Can It Go?
The price of copper has neared the $10,000-per-ton mark, with forecasts suggesting it could reach $12,000 by the end of the year. What infrastructure projects are needed, and how can the Binational Mining Treaty with Chile contribute?
A Critical Industry in a Changing World: Key Takeaways from the World Copper Conference 2025 in Santiago
Amid a global landscape defined by economic uncertainty, trade tensions, and a growing demand for critical minerals, the **_World Copper Conference 2025_** once again delivered a key snapshot of the state of the copper industry worldwide. Organized by **CRU**, the summit gathered over 300 executives, analysts, CEOs, and government officials over three days at the W Hotel in Santiago—an edition shaped by fast-moving geopolitical developments.
National and International Authorities Visited the Copper Project
Los Azules, the copper project located in Calingasta department, San Juan province, received a visit from national and international authorities during a key event aimed at further strengthening both the project's positioning and that of Argentine mining on the global stage.
Altar Project: Aldebaran Provides Update
Field activities are progressing well at the copper-gold project located in San Juan province, including drilling results, PEA and Earn-In Agreement with Sibanye Stillwater.
AbraSilver Announces New Copper Discovery at La Coipita Project
Drilling Confirms High-Grade Secondary Enrichment Zone within Large Porphyry System
Copper: Glencore and the Government of Catamarca Strengthen the Future of MARA
At a pivotal moment for copper mining in Argentina, Glencore presented the progress of the MARA Project — one of the country's most significant copper initiatives — during an institutional meeting with the Governor of Catamarca, Raúl Jalil