rx - thanks for your comments. I appreciate your insights, follow your posts, and certainly agree about the price of copper being a big future driver for the LA asset.
that said, consider as well this counter-perspective about Argentina leadership …
- bnamericas.com
"Argentina is well placed to attract mining investment following changes imposed under President Mauricio Macri, according to CEOs.
Steps that have significantly helped the sector since Macri (pictured) came to power in December 2015 include the lifting of FX controls, resulting in a sharp depreciation of the peso, and the removal of export and mineral reserve taxes, bosses told the CIBC 20th Annual Whistler Institutional Investor Conference in British Columbia.
In addition, import duties have been removed which had forced companies to source locally, resulting in substandard equipment being purchased at exorbitant prices, Goldcorp CEO David Garofalo said.
But the most important steps have been in deregulating labor markets, according to the CEO..." |
