trending Market Intelligence /marketintelligence/en/news-insights/trending/DgiyUzPqIsDWKsuHAEOS0w2 content esgSubNav
In This List

Chile, Argentina sign new protocol to back McEwen's Los Azules copper project

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Insight Weekly: LNG exports surge; investors unfazed by inflation; neobanks drive VC funding

Blog

Essential Metals Mining Insights November 2021

Blog

[Infographic]: 2021 World Exploration Trends


Chile, Argentina sign new protocol to back McEwen's Los Azules copper project

The governments of Chile and Argentina signed a protocol to facilitate the development of McEwen Mining Inc.'s Los Azules copper project in San Juan, Argentina.

The new protocol will facilitate project-related activities in the border zone between San Juan and Chile's Limari province.

TNR Gold Corp. holds a 0.36% royalty on the net smelter return of the entire project, the company said Nov. 30.

McEwen's preliminary economic assessment at Los Azules estimated a net present value of US$2.24 billion, using an 8% discount rate, and a 20.1% internal rate of return, with payback in 3.6 years and a 36-year mine life.