Illustrative image for the news: Mining Exports Represented 9.1% of Total Argentine Exports | Panorama Minero

Mining Exports Represented 9.1% of Total Argentine Exports

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.

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Illustrative image for the news: GEMERA Announces New Board of Directors | Panorama Minero

GEMERA Announces New Board of Directors

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.

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Illustrative image for the news: Salta to Review Taca Taca's Environmental Impact Assessment Ahead of Construction | Panorama Minero

Salta to Review Taca Taca's Environmental Impact Assessment Ahead of Construction

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.

Illustrative image for the news: NGEx Announces Exploration Plan for Lunahuasi | Panorama Minero

NGEx Announces Exploration Plan for Lunahuasi

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.

Illustrative image for the news: Salta: Hanaq to Launch a Pilot Plant of 3,000 Tons of Lithium  | Panorama Minero

Salta: Hanaq to Launch a Pilot Plant of 3,000 Tons of Lithium

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.

Illustrative image for the news: Gold Price Hits a New All-Time High | Panorama Minero

Gold Price Hits a New All-Time High

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.

Illustrative image for the news: Lithium: Arcadium Lithium Announces Ambitious Expansion Plan in Argentina | Panorama Minero

Lithium: Arcadium Lithium Announces Ambitious Expansion Plan in Argentina

Arcadium Lithium, one of the world's leading lithium producers, has unveiled a strategic plan that promises significant growth in the coming years, with Argentina positioned as a key pillar. The company expects to double its sales volumes by 2028 and achieve an adjusted EBITDA of US$1.3 billion, driven by strong global demand for lithium. Paul Graves, the company’s President and CEO, highlighted that the combination of a vertically integrated operational network and a disciplined commercial strategy will maximize the value of each unit of lithium delivered to its customers.

Illustrative image for the news: Argentina: For Every 100 Dollars Exported in the Year, the Mining Industry Imported 32 Dollars | Panorama Minero

Argentina: For Every 100 Dollars Exported in the Year, the Mining Industry Imported 32 Dollars

In July, as detailed in a recent report released by the Secretariat of Mining, companies within Argentina's mining project portfolio achieved a trade surplus of US$134 million, representing a year-on-year decline of 43.3%. This result reflects mining exports totaling US$226 million against imports of US$91 million. As such, the exports of these companies were more than double their imports. In the first seven months of 2024, the cumulative trade balance of these companies showed a surplus of US$1.434 billion, although this represents a 14.9% decrease compared to the same period of the previous year.

Illustrative image for the news: Argentina Lithium & Energy Secures Major Lithium Properties in Argentina    | Panorama Minero

Argentina Lithium & Energy Secures Major Lithium Properties in Argentina

The Canadian company, a member of the Grosso Group, has successfully completed the exercise of option agreements for nearly 25,400 hectares of lithium-rich land across its Rincon West, Pocitos, and Antofalla North Projects, in Argentina. This strategic move underscores the Company’s commitment to expanding its lithium portfolio in the region.

Illustrative image for the news: Salta: AbraSilver Completes Environmental Impact Assessment for the Diablillos Project | Panorama Minero

Salta: AbraSilver Completes Environmental Impact Assessment for the Diablillos Project

AbraSilver Resource Corp. announced the completion of the Environmental Impact Assessment (EIA) for its silver and gold Diablillos project, located in Salta. The conclusion of this assessment marks a crucial step towards the development phase of the project, which is expected to achieve positive outcomes in water use, environmental impact, and socio-economic benefits.

Illustrative image for the news: Top Destinations for Argentina's Mining Exports in H1 2024 | Panorama Minero

Top Destinations for Argentina's Mining Exports in H1 2024

Argentina's mineral exports totaled USD 1.86 billion in the first six months of the year, with mining accounting for 4.8% of the country’s total exports in June and 5.1% in the year-to-date. Based on these figures, the National Mining Secretariat reported on the destinations for minerals produced within the country.