BMI View: Argentina’s mining sector continues to hold potential for development in the Americas region. Large natural resources and minimal historical mining presence suggest that major mineral deposits are still to be discovered. We forecast growth in output of gold, silver and copper over our forecast period, though continued softening in both base and precious metal prices may lead firms to curtail costly exploration and development activities. The mining sector faces major risks particular to Argentina as well, due to the country’s unstable macroeconomic environment and unpredictable regulatory environment. We forecast foreign mining firms to focus on developing and mining …
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