Illustrative image for the news: Lithium: Despite the price impact, Eramet announces full production capacity in mid-2025 | Panorama Minero

Lithium: Despite the price impact, Eramet announces full production capacity in mid-2025

The French company Eramet, associated with the Chinese company Tsingshan, announced that the company has "solid growth fundamentals" in the lithium sector despite the drop in prices recorded in the last period. The start of production at full commercial capacity remains firm for mid-2025, reaching 24 kt of lithium carbonate equivalent (LCE) produced in Salta.

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Illustrative image for the news: Focused on Argentina, Arcadium projects a 40% increase in lithium production for 2024 | Panorama Minero

The recently merged company, Arcadium Lithium, announced it expects to boost combined volumes of lithium carbonate and lithium hydroxide delivered to customers by approximately 40% in 2024, reaching between 50,000 and 54,000 metric tons. This is due to expansions in lithium carbonate production in Olaroz and Fénix, in Argentina, as well as in hydroxide assets in other global locations.

Illustrative image for the news: Catamarca:  Lake Resources will have its first lithium production in 2027 | Panorama Minero

Australian junior Lake Resources, developer of the Kachi lithium project in Catamarca, reported that drilling completed in its operation continues to intercept lithium-rich brine in sand units, favorable for extraction over thick intervals in the southern portion of the central resource area.

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Illustrative image for the news: Lindero gold mine: Fortuna reports updated Mineral Reserves and Mineral Resources | Panorama Minero

Fortuna Silver Mines has provided its latest Mineral Reserve and Mineral Resource estimates as of December 31, 2023 for its five operating mines in West Africa and the Americas, as well as the Arizaro project, part of the Lindero mine located in Salta and operated through its subsidiary Mansfield Minera SA, in Argentina.

Illustrative image for the news: San Juan Province: McEwen announced significant progress at Los Azules Copper Project | Panorama Minero

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.

Illustrative image for the news: Barrick highlights Veladero's revival: "Emerging stronger than ever" | Panorama Minero

During the announcement of its year-end results, the Canadian company, operator of the iconic Veladero gold deposit located in the Iglesia department of San Juan province, stated that "the operation comfortably exceeded its production expectations and managed to reduce costs, marking a significant shift in its trajectory."

Illustrative image for the news: Infrastructure: Salta presents progress in the electrification of the Puna | Panorama Minero

The provincial government of Salta presented the comprehensive electrification project of the Puna to representatives from companies in the sector at a meeting held at the local Mining House. The initiative aims to ensure electrical supply to mining projects and communities in the region, with a focus on efficiency and electrical safety.

Illustrative image for the news: Flavia Royon and Mining Governors presented industry potential in Berlin | Panorama Minero

The Ministry of Mining of the Nation and the governors of Salta, Jujuy, San Juan, and Catamarca presented the Argentine mining asset as a de-risking factor at the First Argentine-German Meeting on Critical Minerals in Berlin. Sovereign guarantees, financial instruments, and specific funds for the development of new investments in Argentine mining were the focus of the business day.

Illustrative image for the news: For the first time, mining in Argentina exceeds the 40,000-worker mark | Panorama Minero

In its latest report, presented in January following the change of government, the National Mining Secretariat provided updates on employment levels in the industry. Based on the analysis of September, the latest reporting period, and presented during the current month, the national mining portfolio highlighted that mining workers in Argentina reached the threshold of 40,243 jobs, with a growth of 7.6% compared to September 2022.

Illustrative image for the news: More than 1,100 companies participate in Argentine mining | Panorama Minero

According to the latest official report, the number of companies comprising the mining productive framework reached 1,102 by the analysis period, last September. This figure represents a 3.3% increase compared to the same period of the previous year and reflects a greater momentum in mining activity in the country.

Illustrative image for the news: San Juan: Exploration advances at the world-class Filo del Sol project | Panorama Minero

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.

Illustrative image for the news: Argentina: Junior mining company Latin Metals acquires copper project in Jujuy | Panorama Minero

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.