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2 clusters · 6 sources · 12 days · First seen · Last updated

San Juan mining infrastructure and social investment

Overview

The San Juan provincial legislature approved a $250 million mining agreement with the company Vicuña to fund infrastructure projects, including water works and road improvements. The agreement includes a 3% royalty on turnover and contributions to a trust. This decision caused political shifts, as four former mayors from the Justicialist Party broke party discipline to support Governor Marcelo Orrego’s administration.

Following this, the provincial government announced plans to utilize mining trusts from the Veladero and Gualcamayo operations to fund the construction of multi-sport courts at schools in Jáchal and Iglesia. Additionally, a cooperation agreement was ratified between the Ministry of Family and Human Development and the Mining Services Chamber of San Juan to support the social economy sector and local entrepreneurs.

Entities

Marcelo Orrego · Vicuña Mining · San Juan · Veladero · Cámara de la Construcción de San Juan

Timeline

  1. 8 days ago

    [BUSINESS] 2 sources
    San Juan to fund school sports facilities via mining trusts

    San Juan will invest over $3.84 billion pesos from mining trusts to build school sports facilities and has approved a cooperation agreement to support the local social economy sector.

  2. 20 days ago

    [BUSINESS] 4 sources
    San Juan approves $250 million mining agreement for infrastructure

    San Juan has approved a $250 million infrastructure agreement with Vicuña Mining, sparking political shifts and driving local industry to prepare for a major mining boom.

Sources

canal13sanjuan.com · elmonterizo.com · elpaisdiario.com.ar · norteonline.com.ar · vocesparalelas.com.ar · zetafmdigital.com.ar