In Argentina, $5 Billion of Mine Projects Is Riding on Elections
By: Pablo Rosendo Gonzalez
Some of the world’s biggest miners are ready to spend at least $5 billion in Argentina if October’s presidential elections herald an easing of capital restrictions.
Goldcorp Inc., the largest gold miner by market value, billionaire Ivan Glasenberg’s Glencore Plc and Yamana Gold Inc. are among producers signaling new investments in the country if the next government is more receptive to the industry, according to the country’s mining association and provincial and company officials briefed on the matter.
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