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Catamarca Approves Diablillos Environmental Declaration, Clearing Key Permit for Major Silver‑Gold Project

The approval removes the last provincial hurdle and lets AbraSilver begin financing talks and preparatory works toward a possible construction decision.

Overview

  • The Government of Catamarca approved the Environmental Impact Declaration (DIA) for Diablillos on June 25, 2026, completing the main provincial environmental permits after Salta’s earlier sign‑off.
  • AbraSilver’s Definitive Feasibility Study values the project at about US$3.0 billion post‑tax and estimates initial capital of roughly US$722 million for an open‑pit, 25‑year operation.
  • Diablillos is covered by the national RIGI incentive under Resolution 562/2026, which grants long‑term fiscal, exchange and customs benefits through a designated project vehicle.
  • With permits in place, AbraSilver will focus on securing financing and partners, carrying out detailed engineering, starting preparatory site work in Q3 2026, and targeting an FID in Q2 2027.
  • Provincial cooperation on jurisdiction, royalties and taxes and the company’s pledge to hire local workers aim to give legal predictability and job opportunities during construction and operation.