2025年阿根廷采矿业报告

Dear Readers, President Javier Milei’s midterm election victory in October 2025 has solidified his gov-ernment’s legislative and regulatory authority and dispelled doubts about its ability toimplement its reform program. For the mining industry, that result has generally beenwelcomed, opening the doors to newer and larger investments. Since introducing theLarge Investments Incentive Regime (RIGI), several mining projects have applied forRIGI status, amounting to a projected US$33 billion in mining investments alone intothe country, in addition to other critical sectors, such as energy, manufacturing andinfrastructure. The Argentine state is banking on a litany of natural resources projectsto provide its economy with a bed of export dollars that will stabilise its economy inthe long term. Argentina has a long mining history, and is named after the Latin word for silver,argentum. In modern times, the sector has lagged its peers in South America. With abasket of prominent gold, silver and lithium projects scattered across the vast coun-try, mining exports are projected to exceed a record US$5 billion in 2025. But biggerchanges are just around the corner, underpinned by a government and fiscal structurethat has become increasingly focused on the mining industry. Though the mining export engine of today is the precious metals sector — primarilygold mined across Santa Cruz, San Juan and Jujuy — lithium export figures are alsorecovering and even expanding. The government is also counting on major copperprojects in San Juan, Salta and Catamarca to add tens of billions of dollars in exportearnings. Argentina is positioning itself as a critical materials supplier for the globalenergy transition, which will also include uranium production. Conducting interviews with industry executives across the entire mining value chain,major mining operators, local and international financiers, and provincial authorities, acommon theme prevails: a desire to upend the status quo. Argentina’s mining poten-tial is vast, and projects by mining giants such as Rio Tinto and Glencore are a signalof the opportunities to come. GBR is pleased to release its latestArgentina Miningreport, following months ofinterviews and research, during which time we met with over 80 companies. We hopeyou enjoy the read, and that you fall in love with the land of silver. Alfonso TejerinaDirector and General ManagerGLOBAL BUSINESS REPORTS 6-19 Engineering, Consulting andConstruction Introduction to Argentina Introduction toArgentina 8Argentina’s Mining Industry11Fachsheet: Argentina at a Glance12Interview with the Argentine Chamber ofMining Companies (CAEM)13Interview with the Argentine Chamber ofMining Suppliers (CAPMIN)14Interview with the Secretary of Mining andEnergy, Province of Salta15Interview with the Secretary of Mining,Province of Santa Cruz16Interviews with Bruchou & Funes de Riojaand with Saravia Frías Abogados19Factsheet: RIGI and Mining 56Building Argentina’s Future Mines59Interview with SRK60Interview with Worley61Interview with M3 Engineering62Interview with Knight Piésold64Interview with Andes Exploration65Interview with Taging66Interview with Ecocontrol67Interviews with Milicic and with GE2169Interview with Grupo Dumandzic70Expert Opinion Article by SRK: Bridging theTalent Gap in Argentina71Executive Insights: An Industry in RemotePlaces Investment and Finance 22Paying for Progress23Interview with TSX and TSX VentureExchange24Interview with Integra Capital25Interviews with Resource Capital Funds andwith International Finance Corporation27Interviews with Banco Galicia, BancoComafi and with Banco Supervielle 28-53 Equipment and Technology 74Getting Ready for New Orders77Interview with Liebherr78Interviews with Sandvik and with KomatsuIsemar79Interviews with Scania and with Epiroc80Interview with Condor Group81Interviews with Wartsila Argentina and withErgy82Interview with GroupPipe85Interviews with Bauza Group and withAurelia Rental Production and Exploration G B R S E R I E SARGENTINA MINING 202530Copper: Covet Thy Neighbor32Interview with First Quantum Minerals33Interviews with McEwen Copper and withAldebaran Resources35Interviews with Belararox and with AndinaCopper37Precious Metals: A Gold-Silver Tango38Interview with Fortuna Mining39Interview with Barrick Mining40Interview with Challenger Gold43Interview with Fredonia Mining44Interview with Agenta Silver45Interview with Abrasilver Resource Corp.46Interview with Latin Metals47Lithium48Interview with Galan Lithium49Interviews with Eramine Sudamérica andwith Grosso Group50Interviews with Ganfeng Lithium and withLithium Argentina51Interviews with Southern Cross Minerals,NOA Lithium Brines, and with LakeResources Mining Services 88A Dynamic Drilling Season90Interview with Alex Stewart International91Interviews with ALS and with Enaex92Interviews with Major Drilling and with BoartLongyear93Interview with Cbb Cales 54-71 Engineering,Consulting andConstruction 96Company Di