Copper in San Juan: McEwen secures $70 million financing for Los Azules

Copper in San Juan: McEwen secures $70 million financing for Los Azules

McEwen Mining Inc. announced a new investment of up to $70 million in its subsidiary McEwen Copper Inc. This investment will be made through a private sale of up to 2,333,333 common shares of McEwen Copper at a price of $30.00 per share, and will be mainly focused on the growth of the Los Azules copper project, one of the five megaprojects located in the province of San Juan.

Magazine

Edición 533 - agosto 2024
Edición 532 - Julio 2024
Edición 531 - Junio 2024
Edición 530 - Mayo 2024
Edición 529 - Abril 2024
2024 Argentine Mining Compendium
Edición 528 - Marzo 2024
Edición 527 - Febrero 2024
Edición 526 - Diciembre 2023
Edición 525 - Noviembre 2023
Edición 524 - Octubre 2023
Edición 523 - Septiembre 2023

Events

  • Expo San Juan
  • Lithium in South America

Imagen ilustrativa para el artículo: American Salars acquires lithium project in Salta

American Salars acquires lithium project in Salta

Canadian company American Salars Lithium has reached an agreement to acquire full ownership of the Pocitos 1 Project in Salta, located in the namesake salar, currently managed by Recharge Resources, the vendor.
Imagen ilustrativa para el artículo: Large Investment Regime: San Juan Productivity Board supports RIGI

Large Investment Regime: San Juan Productivity Board supports RIGI

In recent weeks, the Argentine community has been debating, through its legislators, the possibility of advancing a political measure launched by the National Government to attract large investments. In this context, the San Juan Productivity Board has expressed its views on the relevance of the "Ley Bases" and the Regime of Incentives for Large Investments (RIGI), voicing its support for this tool that promises a new beginning for mining while ensuring significant flows of international capital.

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Imagen ilustrativa para el artículo:  Salta leads the 46th Ordinary Assembly of the Federal Mining Council

Salta leads the 46th Ordinary Assembly of the Federal Mining Council

Salta hosted the 46th Ordinary Assembly of the Federal Mining Council (COFEMIN), an event that brought together representatives from all 23 provinces of the country and the National Secretary of Mining, Luis Lucero. The opening was led by Romina Sassarini, Secretary of Mining and Energy, who presided over the assembly.
Imagen ilustrativa para el artículo: Mining in Argentina has exported $1.134 billion this year

Mining in Argentina has exported $1.134 billion this year

In April 2024, mineral exports reached a value of $267 million, accumulating a total of $1.134 billion in the first four months of the year. This represents a year-on-year decrease of 9.9% for April and a 13.9% drop for the year-to-date. Additionally, according to estimates from the National Secretariat of Mining, the accumulated total for 2024 is 6.2% below the average recorded between 2010 and 2023 for the same months.
Imagen ilustrativa para el artículo: Week of definitions in Argentine mining leading up to San Juan Mining Expo 2024

Week of definitions in Argentine mining leading up to San Juan Mining Expo 2024

Next Tuesday, May 21, Wednesday, May 22, and Thursday, May 23, Argentine mining will gather at the San Juan Mining Expo 2024, the most important sector event of the year, where strong decisions about the future of the activity are expected. Six governors, the Secretary of Mining of the Nation, and the main mining and supply companies will be present at the event, with the participation of key actors from both the local and international levels. The exhibition comes at a crucial moment for the industry amidst discussions about the RIGI and the need to energize major projects.
 Arcadium Lithium reports strong first quarter results and significant growth for 2026

Arcadium Lithium reports strong first quarter results and significant growth for 2026

Arcadium Lithium, the multinational lithium company, announced its financial results for the first quarter of 2024, highlighting solid profitability driven by average prices for lithium hydroxide and carbonate above US$20,000 per metric ton. The company anticipates cost synergies and savings between US$60 and 80 million for the year and continues to advance towards a capacity of 170,000 LCE by 2026.
Salta: AbraSilver begins 20,000 meter drilling campaign in Diablillos

Salta: AbraSilver begins 20,000 meter drilling campaign in Diablillos

AbraSilver Resource Corp, a Toronto-based mining company, announced the start of a 20,000-meter drilling campaign at its Diablillos project in the province of Salta. The diamond drilling program will focus on expanding and delineating high-grade silver and gold mineralization within the company's flagship project. AbraSilver's goal is to identify new mineralized zones and explore under-explored areas, thereby driving the project's growth.
Six Governors, the New Secretary of Mining and over 300 companies to attend “San Juan International Mining Expo 2024”

Six Governors, the New Secretary of Mining and over 300 companies to attend “San Juan International Mining Expo 2024”

From May 21st to 23rd, San Juan will be the epicenter of mining in Argentina with the "10th San Juan International Mining Expo" organized by Panorama Minero at the Cepas Sanjuaninas venue. This biennial event, founded in 2006, will bring together key industry players at a crucial moment for the country's politics and economy, just days before the “May Pact" meeting announced by President Javier Milei.
Argentine Provinces of Santa Cruz, San Juan, and Jujuy led mining exports in Q1 2024

Argentine Provinces of Santa Cruz, San Juan, and Jujuy led mining exports in Q1 2024

The Argentine provinces of Santa Cruz, San Juan, and Jujuy topped mining exports during the first quarter of 2024, despite a decline in overall sector sales compared to the same period last year. In March, mining exports reached US$320 million, down 5.9% from March 2023. In the first three months of 2024, the total exports amounted to US$861 million, marking a 15.8% decrease compared to the first quarter of 2023.