INSUBCONTINENT EXCLUSIVE:
Salta, and San Juan.By examining the median scores from these provinces, Argentina secured the top regional position
It outperformed Brazil by seven spots and Chile by 16.Historically, Argentina has ranked lower than other Latin American countries with
strong mining traditions.Argentina Tops Latin America in Mining Investment Attractiveness
(Photo Internet reproduction)However, recent efforts to boost the mining sector are closing this gap, according to the National Mining
Secretariat.Salta emerged as the most attractive province for mining investments in 2023
It scored 77.24, placing 14th out of 86 jurisdictions.This made it the top jurisdiction in Latin America
Salta currently has 32 projects in its portfolio, with none yet in production.Two projects are under construction, and 19 are in advanced
end.Mining Landscape in ArgentinaThe province also hosts copper, gold, silver, and uranium projects
This information comes from the Open Community Information System on Mining Activity in Argentina.In 2023, Salta surpassed San Juan, the top
The Fraser Institute report included anonymous comments from business leaders.One president of a company with less than $50 million in
service hires.The government under Javier Milei has proposed new mining legislation
It includes incentives for large investments over $200 million, guaranteeing 30 years of customs, tax, and currency stability.Senate
committees have significantly modified the proposal, and a full Senate discussion is expected soon.Negotiations with provinces have led to
an agreement to increase the maximum royalties from mining projects from 3% to 5%.However, the Argentine Chamber of Mining Entrepreneurs
(CAEM) has rejected this measure.
