McEwen Copper taps financial firm to manage $2.4B loan for Argentina copper project
Geopolitics · Mining.com ·
McEwen Copper has signed an agreement with an international financial institution to manage a $2.4 billion debt package for the Los Azules copper project in Argentina, part of a total $4 billion financing plan. Located 3,500 metres above sea level in San Juan province, Los Azules is one of the world's 10 largest undeveloped copper projects and aims to become the first mine to produce copper cathodes in Argentina, with first production targeted for 2029-2030.