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Canadian miners eye Argentina, seek ‘Andean financial corridor’

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Canadian mining companies are increasingly interested in expanding their operations in Argentina, with a view to creating an “Andean financial corridor” that would connect Canadian capital and investors with mining projects in Argentina and across the region.

With four projects approved under the Large Investment Incentive Regime (RIGI), totaling more than US$13.6 billion, and another worth US$5.2 billion awaiting approval, Canadian companies are among the main players in Argentina’s mining sector.

Their prominence in the sector predates the introduction of the incentive scheme. In 2021, the Argentine Chamber of Mining Companies (CAEM) estimated that seven of the 13 mining projects in the country at the time were Canadian in origin.

Against this backdrop, a delegation of Canadian experts and business leaders attended a training workshop at Torcuato Di Tella University, organized by the University of Toronto’s Mining Industry Management Program (MIMP) and The Andean Bridge.

The latter is a financial initiative designed to connect mining projects in Argentina, Chile and Peru with domestic and international capital markets under the slogan “Building the Andean Financial........

© Buenos Aires Herald