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Economy Ministry Formalizes RIGI Approval for Gualcamayo ‘Carbonatos Profundos’ Project

Resolution 6/2026 grants Minas Argentinas access to RIGI incentives for a plan to extend the mine’s life in San Juan.

Overview

  • The Boletín Oficial publication confirms the project's admission with US$519,647,635 in computable assets recorded under the regime.
  • Minas Argentinas committed US$46.7 million in year one and US$43.9 million in year two—US$90.6 million total—to meet the RIGI 40% early investment requirement.
  • The scope covers exploration of the Gualcamayo 1 and 2 concessions, feasibility work on the gold and silver deposit, and construction and operation of a processing plant.
  • The resolution authorizes tax, customs and foreign‑exchange benefits, assigns a special project CUIT and customs franchise, and accepts international arbitration options, with no objections from the BCRA.
  • The supplier plan targets 69% local procurement and authorities cite 1,700 direct jobs, and this is the tenth project admitted to the RIGI, taking approved commitments above US$25 billion.