off-the-wire

Argentina’s tax break program approves $665M gold mine project

Kitco Media
By Reuters
Published:
Updated:
Reuters
Argentina’s tax break program approves $665M gold mine project teaser image

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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