The Government Approved the Admission to RIGI of a Mining Project in Catamarca that Foresees Investments of USD 6.394 Million
8 Articles
8 Articles
It is the sixth for the province; the mine plan provides for the processing of 780 million tons of ore and an estimated useful life of 23 years
The initiative of the Swiss company Glencore aims at the production of copper, gold, silver and molybdenum. It is estimated that it will generate 8,200 jobs
The measure was officialized by a resolution of the Ministry of Economy published this Tuesday in the Official Gazette. The norm provides for the entry of the Agua Rica project into the regime and is known after the government announced it in France with Glencore CEO Gary Nagle. It contemplates the exploitation of copper, gold, silver and molybdenum and projects a useful life of 23 years.
The project plans to generate 8,200 direct and indirect jobs.
The government formally approved the entry into the Big Investment Incentive Regime (RIGI) of the Agua Rica project, by Minera Agua Rica LLC, Argentina branch, controlled by Glencore. The initiative envisages a total investment of US$ 6.393.6 million to develop and exploit a deposit of copper, gold, silver and molybdenum in Catamarca. The approval was established by Resolution 1854/2026 of the Ministry of Economy, published this Tuesday in the O…
Glencore's initiative envisages starting works in 2027 and producing copper, gold, silver and molybdenum since 2031. Read more
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