Particle.news
Download on the App Store

Economy Ministry Formalizes RIGI Approval for Gualcamayo Gold-Silver Project, Setting Eligible Investment at $519.6 Million

The decision opens access to investment perks in exchange for early outlays plus a high local-content commitment.

Overview

  • Resolution 6/2026, published January 15, grants RIGI status to Minas Argentinas’ Carbonatos Profundos project in San Juan after a December 23 committee endorsement.
  • The official filing records $519,647,635 in computable assets, with $90.6 million to be spent in the first two years ($46.7 million in year one and $43.8 million in year two).
  • The supplier plan allocates 69% of spending to national providers, exceeding the regime’s 20% minimum requirement.
  • Authorized measures include a customs franchise, a special CUIT for the project, access to exchange incentives following BCRA’s no-objection review, and the option of international arbitration including ICSID.
  • The resolution records November 27, 2025 as the adhesion date and December 31, 2028 as the deadline for minimum investment, while coverage notes Minister Luis Caputo cited a higher $665 million headline figure than the resolution’s eligible-asset amount.