Argentina
Legislation
- Mining Code 1997
- Mining Investment Law 2001 (as amended)
- General Environmental Law 2002
Regulatory Risk Rating
Regulatory Risk
Regulatory Corruption Risk
Regulatory Corruption Risk
Corruption Exposure Risk
Corruption Exposure Risk
| Regulatory Risk Rating Factors | Risk Level |
|---|---|
| First Come / First Serve | Subscribe |
| Application Criteria | Subscribe |
| Duration | Subscribe |
| Right to Renew | Subscribe |
| Competing Licences | Subscribe |
| Mineral Coverage | Subscribe |
| Right to Mine | Subscribe |
| Criteria for Mining Rights | Subscribe |
| Tenure | Subscribe |
| Surface Rights | Subscribe |
| Government Take | Subscribe |
| Transfer Rights | Subscribe |
| Change of Control | Subscribe |
| EIA Process | Subscribe |
| Power to Revoke | Subscribe |
| Age of Legislation | Subscribe |
| Other Factors | Subscribe |
Argentina’s Mining Code provides a solid foundation for developers to operate; it has very few hidden surprises, a low level of discretion which, when present, is typically aimed at merely ensuring compliance with administrative procedures, and is generally designed to ensure that the rights of the miner are protected. In this regard, the indefinite tenure of mining rights, the treatment of such rights as property rights and the fiscal stabilisation regime, offer greater comfort from a legal risk perspective than might be reputationally imputed to the country.
Contents
Legislation
- Mining Code 1997
- Mining Investment Law 2001 (as amended)
- General Environmental Law 2002
Regulatory Risk Rating
Regulatory Risk
Regulatory Corruption Risk
Regulatory Corruption Risk
Corruption Exposure Risk
Corruption Exposure Risk
Overview
Argentina has not received as high a level of interest as neighbouring Chile, and whilst the country is geologically similar, around 75% of it remains unexplored. When this is considered alongside the country’s legal framework, it has a strong potential to become a major investment target in the future, as mineral demand increases. Signs of this are already present in Argentina, with the mining sector having been identified as one of the fastest growing industries in the region in recent years. The government is pushing this growth via various mechanisms, including providing new incentives for investment; however social protests and community objections in Argentina continue to cause difficulties for mining projects. In fact, a number of Argentina’s 23 provinces have implemented legislation which prohibits metal mining as a result of such sentiment. The main minerals currently produced in the country include gold, silver, lead and zinc. There is also growing interest in the country’s lithium and copper deposits. Many major mining companies have active projects in Argentina, including Barrick, AngloGold, Newmont and Glencore.
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