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A key challenge facing mining investors in Argentina involves navigating the different legislative frameworks of each province, which under the constitution, own the subsoil mineral wealth. This gives local governments significant say in the licensing, taxing and regulation of the industry. The use of open-pit mining and cyanide are banned in Chubut Province, for example,...

Chapter | Mining from The Report: Argentina 2018

In 2016 the mining sector contributed 1% of Argentina’s GDP, or around $5.9bn. Of this total, 40% came from the sale of industrial rocks and minerals containing calcium, salt and dolomite. The main export destinations are Argentina’s southern cone neighbours, with Chile accounting for 68% of exports, followed by Brazil (19%) and Uruguay (6%). Nearly two-thirds of the area in Argentina with...

Chapter | Energy from The Report: Argentina 2018

Over the last 20 years the fortune of the Argentine economy has been closely tied to one commodity: natural gas. In the...

In the mid-20th century, Argentina was a tantalising draw for investors and talent fleeing post-war Europe. However, questionable financial management in the 1990s led to excessive volumes of debt, hyperinflation and an unprecedented currency crisis. But in only two decades, Argentina has returned as a new focus of investors and companies. The newly elected government is working to recover the interest of American and European companies.

 

What impact does the country’s surplus of generation capacity have on the sector?

 

Several industry reports have illustrated the growing optimism in the short-term development of the international hydrocarbons sector. Although there is an overall optimism globally, the outlook in Peru is mixed with the advancement of certain projects and the stalling of others. In early 2018 the Peruvian government awarded new exploration...

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