Monday, August 7, 2017
The new federal mining agreement.
The administration of President Mauricio Macri is seeking to harmonise mining legislation across Argentina to attract investment. However, several provincial legislatures have still to endorse a new federal mining agreement signed on June 13.
- Foreign investors will probably remain cautious as to the durability of business-friendly reforms and investment guarantees.
- International minerals prices are likely to be less favourable than in past years for some time.
- Environmental concerns will still limit public support for many mining projects.