McEwen Copper executives meet with President Javier Milei

McEwen Copper executives meet with President Javier Milei
McEwen Copper executives meet with President Javier Milei
Share:
On Tuesday, the Chairman and CEO of McEwen Mining, Rob McEwen, along with McEwen Copper's VP and General Manager of Los Azules, Michael Meding, lawyer Carmen Diges, and VP of Corporate Development, Stefan Spears, held a meeting with the Argentine President. During the meeting, they discussed the current economic and legislative progress made by the government and the advancements towards the development of the Los Azules copper mining project, located in the Calingasta department, San Juan.

Meding explained during the meeting that the current work at Los Azules aims to gather all the necessary technical information to draft and publish a Feasibility Study by early next year. Los Azules currently operates 22 drilling rigs, making it the largest fleet of its kind in the world.

The company plans to commence mine construction in 2026 and begin production in 2029 if the necessary environmental and sectoral permits are obtained and financing is secured. Los Azules submitted its Environmental Impact Report in April 2023, which is currently under evaluation by the mining authorities of San Juan.

In conversation with Javier Milei, Rob McEwen elaborated that Los Azules is a robust project that will be developed based on regenerative environmental principles, using innovative technologies to produce copper for industrial use, contributing to alleviating the significant deficit in copper production required for the energy transition. He emphasized that advancing investments of billions of dollars in a project like Los Azules requires free access to the foreign exchange market, clear and stable rules, agility in importing capital goods, and a competitive tax burden—issues that the government has on its agenda and that will enable new investments in the country and development for Argentinians.

Following the meeting, Rob McEwen expressed, "Argentina has a great opportunity and significant potential to become a mining leader, not only regionally but also internationally, and that is what we discussed with President Milei."

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: Mining in Jujuy: Lithium Growth and Extended Operations at Chinchillas Silver Mine

Mining in Jujuy: Lithium Growth and Extended Operations at Chinchillas Silver Mine

In an interview with Jujuy's Secretary of Mining and Hydrocarbons, José Gómez, the 2024 mining outlook for the province was positive, highlighting Exar’s production of 25,000 tonnes of lithium carbonate, Rio Tinto’s acquisition of Arcadium Lithium, and the imminent extension of Chinchillas’ operational life.
Illustrative image for the article: Lithium: Argentina Lithium Reports New Exploration Results at Rincon West

Lithium: Argentina Lithium Reports New Exploration Results at Rincon West

Canadian company Argentina Lithium & Energy Corp, a member of the Grosso Group, has announced positive results from its fourteenth exploration well at the Rincon West Project, located in Salta Province. A total of 16 representative brine samples, collected in 2.5 to 3-meter intervals over a 225-meter section in well RW-DDH-14, recorded lithium concentrations ranging from 277 to 379 mg/l.
Illustrative image for the article: India Strengthens Its Interest in Argentine Mining with a Focus on Lithium and Strategic Cooperation

India Strengthens Its Interest in Argentine Mining with a Focus on Lithium and Strategic Cooperation

India's Secretary of Mining, V.L. Kantha Rao, visited Argentina and met with his Argentine counterpart, Luis Lucero, along with representatives from the national government and mining-active provinces. The meeting, held at the Ministry of Foreign Affairs, also included key industry business leaders and institutions. Bilateral relations between both countries have strengthened in recent years, driven by India's interest in investing in lithium, copper, and gold, as well as in the energy sector. Strategic cooperation aims to foster joint projects and explore opportunities for business, institutional, and scientific integration.
San Juan: Milicic Launches a New Development Phase at Veladero Mine

San Juan: Milicic Launches a New Development Phase at Veladero Mine

Construction and services company Milicic has begun a new chapter in its collaboration with the Veladero mine, located in the Iglesia department of San Juan province. This project, part of Phase 8A of the Leach Valley expansion, will involve 800 workers and will last for four months, from January to April.
Catamarca: YMAD Launches New Tender for Farallón Negro Mine

Catamarca: YMAD Launches New Tender for Farallón Negro Mine

The intergovernmental mining company YMAD has launched Public Tender No. 001/25 for the execution of ventilation shafts using the raise boring method at the Farallón Negro Mining and Industrial Complex, located in the Belén department of Catamarca province. The tender is aimed at companies specializing in underground mining technology as part of a key on-site infrastructure project.
NGEx Minerals Expands Exploration at Lunahuasi Following Outstanding Copper and Gold Intersections in San Juan

NGEx Minerals Expands Exploration at Lunahuasi Following Outstanding Copper and Gold Intersections in San Juan

Vancouver-based exploration company NGEx Minerals Ltd. has announced exceptional results from Phase 3 of its drilling program at the Lunahuasi project, located in the province of San Juan, Argentina. This high-grade copper, gold, and silver project is 100% owned by the company. The results have prompted an expansion of the drilling program to 25,000 meters, with two additional drill rigs to be added in February, bringing the total to eight rigs in operation.
Trump Sworn in as U.S. President Again: Implications for the Energy Transition and Global Mining

Trump Sworn in as U.S. President Again: Implications for the Energy Transition and Global Mining

Donald Trump was inaugurated as the 47th President of the United States on January 20, marking the beginning of his non-consecutive second term. His return to power has sparked expectations and debates around key policies such as international trade and mining, both of which hold strategic importance for the years ahead. Argentine President Javier Milei’s attendance at the inauguration underscores potential ties between the new administration and Argentina, a pivotal player in supplying essential resources for the energy transition.