On 16 May 18, The Argentine Chamber of Commerce in Australia (Archam) hosted a breakfast attended by executives of major mining companies, WA government members and respected members of WA recognised universities. The aim of the event was to discuss new mining initiatives and opportunities for WA companies in Argentina.
Minister for Mines and Petroleum Hon Bill Johnston MLA welcomed Argentine Ambassador his Excellency Hugo Gobbi and the Argentine Undersecretary of Mining Sustainability, Juan Biset.
During the event, Juan Biset has provided some insights about the current initiatives and mining opportunities in Argentina. Dr Biset explained “Argentina is known as an agriculture powerhouse. However, there is a big mining potential with significant resources that are untapped and we want to catch up (…) we’ve identified mining as one of the main opportunities for economic development in Argentina”
He also emphasized how this new administration is setting up the conditions to provide mining investors with certainty and a harmonized legislation across the different provinces “We have signed a federal agreement to unify regulations”.
Archam’s Executive Chairman and Akrom’s Managing Director, Diego Berazategui concluded the event highlighting “Argentina is a 200-year-old country, the last 70 years Argentina went from being in the top 5 in the GDP per capita to 60 (…), this new direction the country is heading to, is a signal that Argentina can come back to the top charts.”. In an enthusiastic atmosphere, he added “This is an opportunity for Argentinians and for investors, the time is now”.