McEwen Mining has published 43-101 report on Los Azules copper project in Argentina and now industry insiders will be busy crunching the numbers.
Copper M&A: Peru Officials Meeting Chinalco, Minmetals This Week on Las Bambas Bids MUX, TNR.v, LCC.v, CU, GDX"With Chinese economy in the recovery mode quest by Chinese companies for the best mining assets is ongoing worldwide. Lumina Copper is getting some bids today again and Los Azules copper will be getting on the investors' radar screens with the changing political landscape in Argentina again."
All slides are from McEwen Mining presentations.
"4.9 Glacier Protection Legislation
In July 2010 the Province of San Juan enacted provincial law 8144, “Glacier Protection Law”, which, among other things, restricts disturbance of glaciers by mining activities. In addition, the federal Congress issued a MESPL on the protection of glaciers and periglacial environment (Law 26639), which is different from the provincial law. San Juan province is currently challenging the constitutionality of Law 26639 with the National Supreme Court alleging that such Law was enacted in violation provincial powers not delegated to the Federal Government.
No “uncovered” or “white glaciers” (classic ice glaciers) have been identified near the Los Azules exploration area, although several small rock glaciers have been mapped on McEwen Mining’s mining properties (Meglioli 2012). None of these rock glaciers are likely to be impacted by exploration activities nor will the potential development of the currently envisioned mining project. McEwen Mining has stated that it believes the Project is in full compliance with the provisions of Law 8144.
The provincial government implemented a glacier audit program in mid-2011 to determine compliance with all current glacier protection regulations. The Los Azules exploration area was audited by a multi- agency environmental audit team in March 2013. There were no adverse findings and the audit results indicated that McEwen Mining is in full compliance in all areas protected by the provincial law."