Mining News - Page 44

Lindero Mine, the first open-pit gold mine in Salta province, has reported strong performance during the third quarter of 2024, remaining on track with its annual gold production projections. During this period, gold production reached 24,345 ounces, a 6% increase compared to the previous quarter, largely due to higher ore grades and increased ore processing.

The movements of a constantly evolving industry and the political-economic transformations are directly impacting the country's prospects and possibilities.

Global volatility and its effects on Argentina were the central theme of JP Morgan’s analysis at the region’s largest lithium conference. The country's mining potential, fully influenced by international circumstances, and the need for swift decision-making on the domestic front.

The French firm took another step toward the industrialization of lithium in the Lithium Triangle, this time in the province of Salta.

With the presence of national and regional mining sector leaders, the second edition of the Symposium on Artificial Intelligence Applied to the Mining Industry will take place at the National University of Salta. Laplace (Argentine Mining Workers Association), Royón (Lithium Task Force), Cacciola (Argentine Chamber of Mining Companies), and representatives from companies and industry chambers will be present.

They will exceed US$ 1.5 billion and are expected to generate more than 5,000 direct and indirect jobs over the next 20 years.

I have seen several proposals for defining Mine Closure, and I have also had the opportunity to review applicable regulatory frameworks, which include a set of obligations related to the environmental and social factors inherent to the activity in general and to each specific project. However, there is a contributory work plan of greater added value on which mining could be a notable contributor.

In the province of San Juan, the Forum of the National Sun Festival, to be held between October 31 and November 1, will feature inspirational speakers, business roundtables, and discussion panels on strategic topics. The event will take place at the Teatro del Bicentenario and the Civic Center of the city.

Governors from Argentina’s northwest, alongside international representatives, diplomats, business leaders, and the country’s Secretary of Mining, inaugurated the "13th International Seminar on Lithium in South America," a key event organized by Panorama Minero in Jujuy Province, drawing over 1,500 attendees on its first day. Since its founding in 2011, the event has established itself as a leading platform to discuss lithium's role in the energy transition and its potential to drive the region’s economic and social development. Experts agreed that there are solid reasons to expect a favorable outlook for the sector, despite the current price downturn.

Net proceeds will be predominantly used towards furthering exploration programs at the Lunahuasi project in San Juan Province.

Lithium chemical producer Arcadium Lithium plc (NYSE: ALTM, ASX: LTM) has announced that it has been approached by Rio Tinto regarding a potential acquisition. The approach is considered non-binding, meaning there is no certainty that an agreement will be reached.

Jujuy will take center stage at the 13th edition of the International Seminar: Lithium in South America, the pioneering event in the lithium sector, organized by the specialized media Panorama Minero since 2011. As in previous years, it is expected to gather thousands of representatives linked to one of the most attractive segments of both Argentine and global mining.

Mineral exports during August 2024 reached US$550 million, accumulating a total of US$2.736 billion in the first eight months of the year. This information comes from a recent report by the National Mining Secretariat, presented at the end of September.

The company aims to accelerate the development of the deposit located in San Juan to take advantage of the rising gold price environment.

An important delegation of national and provincial officials, along with private sector representatives from Argentina, participated in the London Metal Exchange Week.

The Group of Mining Exploration Companies of the Argentine Republic (GEMERA) has announced the new formation of its Board of Directors, which will lead the organization in its mission to promote the sustainable development of the mining industry in the country.

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.

NGEx Minerals Ltd. announced its exploration plan and strategy for the largest drill program to date at the Lunahuasi high-grade copper-gold-silver project in San Juan province. The field team is on site preparing for mobilization of drill rigs with drilling expected to start in early October.

Hanaq Group has achieved a significant milestone in its Doncella lithium project, located in the Arizaro Salt Flat, in Salta province, by obtaining the Environmental Impact Statement (EIA) which will allow the construction of a 3,000-ton-per-year pilot plant for lithium carbonate. This progress came after successfully completing the Free and Informed Public Consultation (CPLI) and the Public Hearing in the local community of Tolar Grande.

The gold market continues to show strong momentum, reaching a new all-time high this week. The spot price of the yellow metal surpassed US$2,660 per ounce for the first time during the September 24th session, driven by a combination of economic and geopolitical factors that continue to boost its demand as a safe-haven asset.