The company incorporated new shareholders and returned to Argentine ownership: LATCEM, Redwood Capital Management, and funds managed by Moneda-Patria Investments.
The project, operated by Canada’s Jaguar Uranium, formalized its technical plan before the environmental authority and is advancing with phased campaigns, subject to regulatory validations.
Following its approval in the Lower House, amendments to Argentina’s Glacier Law open a complex legal front, with collective injunctions expected as provinces and the federal government prepare their defense. Conflicting arguments, the role of the Supreme Court and expert views shape the debate.
Glencore Pachón announced changes to its local leadership team as part of the natural evolution of the organization and the progress of the El Pachón Project. In this way, it ensures continuity in management, characterized by open and transparent communication, while reaffirming its commitment to San Juan and its community.
Metal mining wages are three times higher than the national average, while non-metal mining exceeds it by 80%. The sector stands out as one of the most competitive in terms of income levels.
The provincial government announced a major infrastructure plan funded through the mining trust, including irrigation canals, drinking water systems and flood protection works. The investments aim to improve water efficiency, expand cultivated land and support territorial development across the province.