MINERAL ENRICHED DEPOSITS TO DRIVE THE
ARGENTINA MINING MARKET: KEN RESEARCH
The growing mining projects and significant increase in the investments in the mining sector are
likely to foster the market in the coming years.
The favorable geological potential of the country has attracted many mining companies to
invest in the new projects in the mining sector of Argentina. Most of the mineral deposits in
Argentina lie in the Andes region. The new operating mines in the country include the Manatial
Espejo Mine by Pan American Silver Corporation for which the operations were commenced in
2009, the Pirquitas Mine by Silver Standard Corporation, the Gualcamayo mine by Yamana Gold
and others. The mining sector has created a number of jobs owing to the new mining projects
in the country.
“The Andean plateau hosts noteworthy concentrations of lead, zinc, silver and tin. The
Pirquitas deposit is one of the world’s largest deposits of silver and is situated in the north
eastern part of the country. The southern region of the country is dominated by the Hombre
Muerto salt lake which is a rich source of lithium and potassium.”- According to the research
report ‘Argentina Mining Market Outlook to 2017’ by Ken Research.
The country consists of world class mineral deposits. The Agua Rica and Alumbrera are the two
leading deposits of copper, molybdenum, gold and silver and are located in the Catamarca
region of Argentina. The Valle del Cura region is one of the most important gold and silver
districts in the world and consists of the major project the Pascua Lama project which is shared
with Chile. The country’s Lithium reserves are located in the Lithium Triangle which is located in
north western Argentina in the Andes Mountain. The Lithium Triangle contains two-thirds of
the world’s lithium resources.
The mining sector of Argentina is anticipated to witness significant investments in the coming
years. The investments in the mining sector will be majorly for the mineral exploration,
development and construction of the new mines and projects. The major mining companies
that are expected to invest significantly in the mining sector of Argentina will be Barrick Gold,
Yamana Gold, Xstrata, Vale, GoldCorp and Pan American Silver.
The report provides detailed overview on the mining industry in Argentina and helps reader to
identify the ongoing trends in the key segments of the industry and anticipated growth in
future depending upon changing industry dynamics in coming years. The report will aid industry
consultants and mining companies and other stakeholders to align their market centric
strategies according to ongoing and expected trends in future.
For more information on the industry research report please refer to the below mentioned link: