LatinNews Daily - 16 January 2026

*Argentina’s economy ministry has formalised the approval of a new project under the government’s incentive for large investments scheme (Rigi). The project was presented by Argentine mining firm Minas Argentinas S.A., part of Canadian conglomerate Aisa Group, to reactivate the Gualcamayo gold mine and develop gold exploitation in San Juan province. According to a social media post by the economy ministry, the project contemplates an investment of US$665m, and will generate 4,500 jobs directly and indirectly. It notes that the project is the tenth to be approved under Rigi, and brings the total amount of investment under the scheme to US$25.50bn.

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