Salta: Governor Saenz and the National Mining Secretary assessed the status of the Taca Taca copper project

Salta: Governor Saenz and the National Mining Secretary assessed the status of the Taca Taca copper project
Salta: Governor Saenz and the National Mining Secretary assessed the status of the Taca Taca copper project
Share:

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.

By Panorama Minero

At the Government House of Salta, Governor Gustavo Sáenz met with executives from First Quantum Minerals and its subsidiary Corriente Argentina S.A., which are overseeing the Taca Taca copper project in the Tolar Grande region. John Dean, Feasibility Projects General Manager, and Germán Pérez, Finance and Administration Superintendent, attended the meeting. Also present were the National Mining Secretary, Flavia Royón, and the Casa de Salta delegate, Martín Plaza.

"The company reiterated its commitment to carry out the project's construction in the short term, complying with the environmental and social regulations established by the province."

El gobernador Sáenz evaluó el estado del proyecto de cobre Taca Taca


"We continue to coordinate with the national government to adjust the fiscal conditions to set the project in motion," said Sáenz at the end of the meeting.

Taca Taca is a world-class copper mine that involves an investment of over US$3.5 billion and is expected to create around 9,000 direct and indirect jobs at its peak construction phase.

"This is one of the most important projects that could change the productive matrix of the province and would generate exports of US$2 billion annually, making mining the main economic activity in the province.

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: The Future of Copper: Between Structural Challenges and Strategic Opportunity

The Future of Copper: Between Structural Challenges and Strategic Opportunity

The global race for copper is accelerating, with projections suggesting the world will need 70% more copper by 2050. This figure—equivalent to adding the output of 20 Escondida-sized mines each year—not only highlights the scale of the challenge but also underscores the vast opportunities for copper-producing countries, especially in South America.

Expo EFI 2025: Economic Outlooks for a Mining Industry Seeking Stability

Expo EFI 2025: Economic Outlooks for a Mining Industry Seeking Stability

Argentina’s economy is at a pivotal crossroads. Amid ongoing reforms, a still-fragile financial landscape, and growing expectations for global reintegration, stability has become a critical need—especially for strategic sectors like mining. In this context, the 12th edition of Expo EFI, taking place on April 29–30 at the Buenos Aires Convention Center, stands out as a key platform to understand where the country’s economic direction is headed.

Altar Project: Aldebaran Provides Update

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.