Santiago del Estero lower house discusses mining code changes

- Wednesday, September 10, 2008

Santiago del Estero lower house discusses mining code changes

The lower house of Argentina's Santiago del Estero province has begun discussing possible changes to its code of mining procedures which dictates the rules governing sector development.

"The first meeting helped establish the need for carrying out more consultations with companies and executives in the sector. After that, it would move to full parliamentary discussion," a local government official told BNamericas.

The Santiago del Estero government supports development in the mining sector and the discussion is part of a process that aims for the province's local mining law to correspond with the national mining law, the official said.

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"By doing so, we also want to provide investors with a tool, with foresight and legal security," the official said.

Santiago del Estero produces minerals used in the construction industry such as crushed rock, sand, gravel, clay, limestone and gypsum.

The northern province was previously the country's largest manganese producer but the activity stopped once Brazil began producing the mineral at a lower price.

With the reactivation of Argentina's silicon-ferromanganese industry, some mines in Ojo de Agua department have been fired up again. An integration project with Córdoba province is expected with the goal of launching a concentration plant in Córdoba's Pozo Nuevo area, the province's mining office reported on its website.

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