Argentina’s tax break program approves $665M gold mine project
Gualcamayo mine, Argentina. Image courtesy of Image courtesy of Image courtesy of The Northern Miner.
Argentina’s RIGI tax break scheme committee has approved a $665 million gold and silver mining project in the South American nation’s western San Juan province, Economy Minister Luis Caputo said on Tuesday, the tenth project to be approved under the scheme.
The incorporation of the Gualcamayo project, which would extend the life of the existing mine and employ some 1,700 people, brings the total investment in projects approved under the RIGI program to $25 billion, Caputo said on social media.
(By Walter Bianchi; Editing by Natalia Siniawski)
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