Illustrative image for the news: McEwen Copper Secures Additional US$35 Million Investment From a Rio Tinto Company | Panorama Minero

McEwen Copper Secures Additional US$35 Million Investment From a Rio Tinto Company

Canadian company McEwen Copper, a subsidiary of McEwen Mining with operations in San Juan, has closed a new US$35 million investment made by Nuton LLC, a company led by Rio Tinto. "This investment is part of a previously announced financing offer, consisting of a private placement of up to 2,333,333 common shares at a subscription price of US$30 per share, for a total of up to US$70 million."

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Illustrative image for the news: Posco Launches the First Commercial Lithium Hydroxide Plant in Argentina | Panorama Minero

Posco Argentina, a subsidiary of the South Korean mining company Posco, has taken a crucial step in developing the country's lithium sector with the inauguration of the first commercial lithium hydroxide plant. Located in the General Güemes Industrial Park in Salta Province, the plant has an annual production capacity of 25,000 tons and represents an investment of over US$800 million. "This facility positions Argentina as a key supplier in the global lithium-ion battery market, essential for high-end electric vehicles," provincial government officials stated.

Illustrative image for the news: San Juan: Sable Starts the 2024-2025 Field Season at the Don Julio Project | Panorama Minero

The exploration junior Sable Resources Ltd. has commenced its field activities at the Don Julio Project, located in the province of San Juan. The company, listed on the TSX Venture Exchange, has confirmed that all exploration expenditures for this project are fully funded under an Earn-In Agreement signed in 2021 with a subsidiary of South32 Limited.

Illustrative image for the news: With its Environmental Impact Statement, a new era begins in Hualilán | Panorama Minero

The Hualilán project received its Environmental Impact Statement for production. Sonia Delgado, Director of Challenger Gold and Vice President of Golden Mining S.A., comments on this significant date for the venture located in the Ullum department, San Juan province.

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Illustrative image for the news: NGEx Kicks Off Phase 3 Drill Program at Lunahuasi | Panorama Minero

NGEx Minerals Ltd. announced that its Phase 3 drill program has begun at its 100%-owned Lunahuasi property located in San Juan province, Argentina. The Phase 3 program follows a highly successful Phase 2 program completed in the first half of 2024, which delivered some of the highest-grade copper, gold, and silver intercepts drilled anywhere in the world and confirmed that Lunahuasi has both unusually high grades and large size potential. Phase 3 drilling intends to grow the deposit through step-out drilling and provide enough closer-spaced data to develop an initial Exploration Target as provided for in NI 43-101.

Illustrative image for the news: The Global Impact on Argentina’s Economy: A View From JP Morgan | Panorama Minero

Global volatility and its effects on Argentina were the central theme of JP Morgan’s analysis at the region’s largest lithium conference. The country's mining potential, fully influenced by international circumstances, and the need for swift decision-making on the domestic front.

Illustrative image for the news: AI Symposium in Salta: A Space to Deepen the Advantages and Challenges of AI in Mining | Panorama Minero

With the presence of national and regional mining sector leaders, the second edition of the Symposium on Artificial Intelligence Applied to the Mining Industry will take place at the National University of Salta. Laplace (Argentine Mining Workers Association), Royón (Lithium Task Force), Cacciola (Argentine Chamber of Mining Companies), and representatives from companies and industry chambers will be present.

Illustrative image for the news: The Day After. Without Obligation, the Best Contribution | Panorama Minero

I have seen several proposals for defining Mine Closure, and I have also had the opportunity to review applicable regulatory frameworks, which include a set of obligations related to the environmental and social factors inherent to the activity in general and to each specific project. However, there is a contributory work plan of greater added value on which mining could be a notable contributor.

Illustrative image for the news: Lithium in South America 2024: The Mineral of the Energy Transition Gains Prominence on the National Development Agenda | Panorama Minero

Governors from Argentina’s northwest, alongside international representatives, diplomats, business leaders, and the country’s Secretary of Mining, inaugurated the "13th International Seminar on Lithium in South America," a key event organized by Panorama Minero in Jujuy Province, drawing over 1,500 attendees on its first day. Since its founding in 2011, the event has established itself as a leading platform to discuss lithium's role in the energy transition and its potential to drive the region’s economic and social development. Experts agreed that there are solid reasons to expect a favorable outlook for the sector, despite the current price downturn.

Illustrative image for the news: The Event of the Year in Lithium: A Meeting of Industry Leaders on October 9 and 10 | Panorama Minero

Jujuy will take center stage at the 13th edition of the International Seminar: Lithium in South America, the pioneering event in the lithium sector, organized by the specialized media Panorama Minero since 2011. As in previous years, it is expected to gather thousands of representatives linked to one of the most attractive segments of both Argentine and global mining.

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

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.