Particle.news
Download on the App Store
8 ARTICLES
·
last mo.

Argentina Approves Two Mining Projects Under RIGI, Adding $1.14 Billion in Investment

The extended RIGI framework is being used to secure capital by offering long-term fiscal and legal certainty through 2027.

Los Azules uno los 10 mayores yacimientos de cobre sin explotar del mundo por la revista Mining Intelligence (2022), bajo la adhesión del RIGI se comenzaría a construirse en 2026. 
Milei dedicó parte de su discurso en el Congreso de la Nación, en ocasión de la apertura de Sesiones Ordinarias, a la importancia de la minería y la llegada de inversiones que reaviven la economía.
Image
Image

Overview

  • The RIGI committee cleared the Veladero gold mine expansion in San Juan for $380 million and AbraSilver’s Diablillos gold-silver project for $760 million.
  • Economy Minister Luis Caputo said the two projects are expected to create more than 2,300 direct and indirect jobs and generate about $750 million in annual exports.
  • With these approvals, RIGI now counts 12 projects with commitments exceeding $26 billion, according to the government.
  • Diablillos, located in the Salta–Catamarca cooperation zone, is moving through environmental impact review and is planned as a 14-year open-pit operation processing 9,000 tonnes per day.
  • Decree 105/2026 extended RIGI’s window to July 2027, while much larger copper proposals such as Vicuña (about $18 billion) and Glencore’s El Pachón and MARA (about $14 billion combined) remain under evaluation.