McEwen Copper

San Juan recently joined the Large Investment Incentive Regime (RIGI) when it voted the province's adherence into law, becoming the fifth province to do so in Argentina. The RIGI aims to boost the mining sector by offering investors tax and foreign exchange benefits and providing legal certainty for large investments. The regime is open for applications for two years and extendable for one more year. It offers benefits such as reduced corporate income tax, accelerated depreciation, and withholding tax relief on certain payments to foreign beneficiaries. This news is significant for Argentina and San Juan, as it opens up additional opportunities for crucial projects in the province, such as Los Azules. For Argentina, this is a before and after. According to Mining Intelligence (2022), Los Azules is one of the top 10 global copper projects based on resources. It is part of McEwen Copper, which has strategic investors including McEwen Mining Inc., Stellantis, Robert McEwen, and Rio Tinto's Nuton Technology Venture. Los Azules is slated for feasibility in Q1 2025. #copper #innovation #future #esg #mining #argentina

Christmas with a Local Touch This holiday season, McEwen Copper is celebrating the spirit of community by creating Christmas boxes filled entirely with products sourced from Calingasta, the region where our Los Azules project is located. This initiative, led by our Local Content Manager, Patricio Musitano, highlights our dedication to supporting local producers and fostering sustainable economic growth. Each box features organic and certified goods, carefully crafted by local artisans and small businesses. By sharing these gifts, we’re not only spreading holiday cheer but also reinforcing our commitment to empowering the community and showcasing the exceptional quality of local products. Through this project, we aim to strengthen ties with the people of Calingasta and underline the importance of sustainable practices that benefit both the environment and the economy. #ProyectoLosAzules #Christmas #MerryChristmas #Mining

Driving Educational and Technological Innovation As part of its mission to promote educational innovation, McEwen Copper donated a pilot solvent extraction (SX) plant to the Chemical Laboratory of the Institute of Mining Research (IIM) at the Faculty of Engineering, National University of San Juan (UNSJ). This donation represents a valuable opportunity to enhance learning and research in the field of extractive metallurgy. The state-of-the-art equipment will enable advanced studies in solvent extraction, a crucial process for the mining and metallurgical industry. Engineering students will have the opportunity to work with cutting-edge technology, gaining practical experience necessary to comprehensively prepare for their professional future. The installation of the pilot plant will strengthen the faculty's research infrastructure and foster strategic collaborations with the industry, facilitating technology transfer and promoting applied innovations. Together, we are building a more innovative and sustainable future. #ProyectoLosAzules #Innovation #Education #UNSJ #Mining #Engineering

Together with a delegation of representatives from the national government and mining provinces, we had the opportunity to visit the facilities of Atlantic Copper, operated by Freeport-McMoRan Company. This technical mission, organized by the Argentine government, aimed to closely analyze the industrial processes of one of Europe’s leading refineries. During the visit, our VP and General Manager of Los Azules, Michael Meding, joined the tour, which included observing the production of anodes and cathodes—key components for our Los Azules project. We also participated in a technical presentation on refining and sustainability, exploring similarities with our future operations. We extend our gratitude to Atlantic Copper for sharing their expertise and reinforcing the importance of technical collaboration in responsible mining. #Innovation #Copper #Sustainability #ResponsibleMining #ProyectoLosAzules #Spain #EU

As part of a mission organized by the Argentine government in collaboration with the European Union, Los Azules was invited to participate in a technical visit to the Las Cruces mine, owned by First Quantum Minerals, in Seville. This activity provided an opportunity to closely analyze a copper operation located near a major urban center and to exchange key insights on industry best practices. Our VP and General Manager of Los Azules, Michael Meding, joined a delegation composed of representatives from the national government and the provinces of San Juan, Mendoza, Catamarca, Jujuy, and Salta. The delegation explored processes such as cathode production and assessed similarities with the projected methods for Los Azules. We extend our gratitude to First Quantum Minerals for this enriching experience, which strengthens our commitment to public-private collaboration and to responsible and innovative mining development. #Innovation #Sustainability #CopperMining #ResponsibleMining #MiningInnovation #Collaboration #ProyectoLosAzules #Argentina #EuropeanUnion #SustainableDevelopment

As part of ongoing discussions to strengthen the development of mining in Argentina, Michael Meding, VP and GM of McEwen Copper and General Manager of Los Azules, held a highly productive meeting with representatives of the International Finance Corporation (IFC), part of the The World Bank Group. This meeting underscored the strategic role of this organization as a key ally in fostering the sustainable growth of Argentina’s mining industry. Discussions focused on the positive impact the sector can have, not only in terms of investment but also as a driver of economic and social development. We extend our gratitude for the hospitality and shared vision of: - Ignacio de Calonje, Chief Investment Officer - Simone Brunner, Senior Investment Officer, Global Metals & Mining team - Yanilka Fernandez-Mosquera, Senior Investment Officer, Global Metals & Mining team - Coralie Girardot, Investment Analyst Ongoing dialogue with international institutions is essential for advancing towards a mining sector that is more innovative and aligned with the highest standards of sustainability. #Mining #Investment #Growth #GlobalCollaboration #LosAzulesProject #Copper #Future #UK

Wrapping up a productive week at Raw Materials Week As part of the Raw Materials Week event in Brussels, Los Azules participated as the only copper project in the Argentine mission. Michael Meding, VP and General Manager of McEwen Copper and General Manager of Los Azules, held meetings with representatives from the European Union, development banks, and international institutions to explore financing opportunities and highlight the project's strategic role in the global energy transition. Special thanks to the European Union for the invitation, to Ambassador Amador Sánchez Rico and Ilse Cougé for recognizing Los Azules as a key part of this important international dialogue, and to Governor Orrego and Ministers Fernández and Perea. Our gratitude also goes to Ambassador Fernando Brun for his hospitality during our visit to Aurubis in Hamburg. Ranked among the top ten undeveloped copper projects globally (Mining Intelligence), Los Azules reaffirms its commitment to sustainability, carbon neutrality, and renewable energy use in its future operations. #LosAzulesProject #Copper #EnergyTransition #SustainableMining #RawMaterialsWeek #EU #Investment

During the Raw Materials Week event in Brussels, McEwen Copper and Los Azules held meetings with representatives from the Inter-American Development Bank (IDB), the European Investment Bank (EIB), multilateral banks, and other European institutions. The discussions focused on exploring financing options to advance the development of Los Azules, recognized as a future copper producer—a critical resource for the global energy transition. These conversations reflect the growing interest in Los Azules’ potential to supply essential minerals while meeting international sustainability standards. #McEwenCopper #LosAzulesProject #Copper #EnergyTransition #Investment #Mining

Michael Meding, VP and GM of McEwen Copper and GM of Los Azules, recently met with Alejandro Sturniolo, General Secretary of Water Positive Think Tank, and Eduardo Barrera, Advisor to the European Union, during the Raw Materials Week in Brussels. The meeting provided an opportunity to discuss potential collaborations aimed at ensuring Los Azules becomes a model of sustainability when it begins production. Conversations focused on exploring innovative approaches to optimizing water usage and advancing sustainable practices that could benefit the entire province of San Juan, and finally the opportunity to become water positive. This dialogue underscores the shared commitment to fostering responsible mining practices that align and exceed with global environmental standards, while also contributing to the local community and ecosystem. #ProyectoLosAzules #RawMaterialsWeek #Sustainability #Copper #Water #EU #Investment #mining

Los Azules at the Raw Materials Week As part of the event organized by the European Union in Brussels, Michael Meding, VP and General Manager of McEwen Copper and General Manager of Los Azules, was one of the main speakers from the private sector. His presentation highlighted the enormous mining potential of the project and its ability to be a key player in the transition towards cleaner energy consumption. As part of an Argentine mission to showcase the country’s mining potential, Los Azules was the only copper project presented. The delegation was attended by governors from San Juan, Jujuy and Mendoza, alongside representatives from Catamarca and Salta, highlighting the commitment of the provinces to the development of the sector. Many thanks to the European Union for the invitation, and to Ambassador Amador Sánchez Rico and Ilse Cougé for considering Los Azules as part of this important international event. Los Azules is ranked among the top ten copper projects in the world based on undeveloped resources, according to Mining Intelligence. This recognition highlights the project's significance in the global mining sector. With an innovative and sustainable design, Los Azules plans to use 100% renewable energy and has one of the lowest water footprints in the industry, and aims to be carbon neutral by 2038. This progress is supported by strategic partners: McEwen Mining Inc., Rob McEwen, Nuton de Rio Tinto y Stellantis. #ProyectoLosAzules #RawMaterialsWeek #Mining #Copper #SustainableDevelopment #EnergyTransition #Investment