The Government Approved the RIGI of the Largest Investment in Mining in Argentine History: US$ 9,712 Million
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8 Articles
The Evaluation Committee gave approval to the Vicuña copper, gold and silver project in northwestern San Juan.In several stages, investments could exceed $18 billion.
Vicuña, the initiative of Canadian mining company Lundin Mining and Australian mining company BHP to develop in Argentina one of the largest copper mines in the world was admitted on Tuesday to the Regime of Incentives to Great Investments (RIGI), launched in 2024 in the South American country. According to the Argentine Minister of Economy, Luis Caputo, the evaluation committee approved on Tuesday the entry to the RIGI of the copper project, in…
The Evaluation Committee gave approval to the Vicuña copper, gold and silver project in northwestern San Juan. In several stages, investments could exceed $18 billion. The National Government approved the entry into the Big Investment Incentive Regime (RIGI) of the largest investment in mining in Argentine history: it is $9.712 million from Vicuña, the giant copper, gold and silver project in northwestern San Juan. This was reported by the Minis…
Economy Minister Luis Caputo announced that this is an initial investment of almost USD 10 billion to extract copper in San Juan The post The government approved the admission to RIGI of the country's largest mining project in San Juan appeared first on El Intranssigente.
The copper project of BHP and Lundin Mining was approved to join RIGI, with an initial investment estimated at US$9.7 billion and a potential of up to US$18 billion.
The Evaluation Committee today approved the entry into RIGI of the Vicuña copper project in San Juan, developed by BHP and Lundin, according to Economy Minister Luis Caputo. “With an initial investment of US$9.7 billion—which could reach US$18 billion according to company estimates—this is the largest mining project in our history and one of the five largest copper projects in the world,” said the minister in X. According to the government, “thi…
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