Argentina exported US$1.86 billion in minerals during the first half of the year

Argentina exported US$1.86 billion in minerals during the first half of the year

Argentina's Secretary of Mining has reported that mineral exports in June 2024 totaled US$265 million, bringing the total for the first six months of 2024 to US$1.86 billion. These figures represent 4.8% of Argentina's total exports for June and 5.1% for the first half of the year. However, this marks a year-on-year decline of 15.6% for June and 4.5% for the year to date. Despite these drops, the cumulative exports for 2024 are 3.6% above the average level for the same period from 2010 to 2023.

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Illustrative image for the article: International: Arcadium Lithium acquires Li-Metal's lithium metal business

International: Arcadium Lithium acquires Li-Metal's lithium metal business

Global lithium chemical producer Arcadium Lithium has announced the acquisition of Li-Metal Corp's lithium metal business. The all-cash acquisition of US$11 million includes the intellectual property and physical assets related to the Canadian company's production, including a pilot plant in Ontario.

Illustrative image for the article: Gold: Hualilán completes quarterly campaign and improves project variables

Gold: Hualilán completes quarterly campaign and improves project variables

In the last quarter, the Hualilán gold project, located in the San Juan province, just 120 km from the capital, has continued to advance in its exploration and development phase. Challenger Gold, the project's owner, has provided a detailed report on the work carried out, highlighting a positive exploration balance and the improvement of various project variables.

Illustrative image for the article: Galan Lithium received a proposal from EnergyX to acquire its lithium assets in Argentina

Galan Lithium received a proposal from EnergyX to acquire its lithium assets in Argentina

The Australian company Galan Lithium Limited, owner of two brine lithium projects in Argentina, has clarified recent media reports suggesting the existence of a takeover bid. The company has stated that it has not received any purchase offer, but it has received an unsolicited, confidential, conditional, and non-binding proposal from Energy Exploration Technologies (EnergyX) for the potential acquisition of its lithium assets.

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Illustrative image for the article: In Salta, Lindero consolidates its gold production surpassing 22,000 ounces in three months

In Salta, Lindero consolidates its gold production surpassing 22,000 ounces in three months

Formerly known as Fortuna Silver Mines, the company who rebranded itself as Fortuna Mining in early July reported a production of 22,874 ounces of gold at the Lindero mine, located in Salta and operated by its local subsidiary Mansfield Minera SA, as part of its productive and operational results for the second quarter. The performance was similar to Q1, where production volume reached 23,262 ounces with an average gold grade of 0.61 g/t and 0.60 g/t respectively in each period.

Illustrative image for the article: Q2: Barrick reported production of 56,000 gold ounces at Veladero

Q2: Barrick reported production of 56,000 gold ounces at Veladero

Barrick Gold Corporation has announced the production and sales volume of its iconic Veladero mine, located in the province of San Juan, in which it holds a 50% stake alongside its Chinese partner Shandong Gold. During the last quarter, the mine produced 56,000 ounces of gold, reaching a total of 113,000 ounces year-to-date. In terms of sales, Barrick reported the commercialization of 68,000 ounces of gold produced at Veladero during the second quarter (Q2), bringing the total to 101,000 ounces sold in 2024.

Illustrative image for the article: The productive sector of San Juan calls for adherence to the RIGI

The productive sector of San Juan calls for adherence to the RIGI

The Productivity Board of San Juan, an organization that encompasses the Industrial Union of San Juan, the Mining Chamber of San Juan, the Argentine Chamber of Construction, and the Foreign Trade Chamber of San Juan, has issued a statement highlighting the importance of unity and commitment to ensure the economic development of the province and the country: "The RIGI is crucial to attract major investment projects."

PwC Report: The mining industry will rely on AI and metal recycling for the sustainability of its operations

PwC Report: The mining industry will rely on AI and metal recycling for the sustainability of its operations

The 21st edition of PwC’s “Mine 2024” report offers a detailed analysis of the current landscape and future prospects of the global mining industry. Among other conclusions, the document highlights the fundamental role of major companies in the sector in addressing global challenges such as food security, the transition to a low-carbon economy, and the growing demand for infrastructure and consumer goods.

The Centenario lithium mine is now operational, the first to enter the production phase in Salta

The Centenario lithium mine is now operational, the first to enter the production phase in Salta

With the presence of the Governor of Salta, Gustavo Sáenz, Eramine Sudamérica, a subsidiary of the French group Eramet (50.1%) and its Chinese partner Tsingshan (49.9%), inaugurated its lithium carbonate production plant this Wednesday. This marks the first of its kind in the region and the first project to enter the production phase in Salta. Additionally, it is the fourth producer in the country following in the footsteps of Olaroz and Fénix mines by Arcadium Lithium, and the Cauchari-Olaroz deposit operated by Lithium Argentina.