The Argentine Chamber of Mining Entrepreneurs (CAEM) reported that the country’s mining output fell by 70% y-o-y in 2020 due to the effects of the Covid-19 pandemic. CAEM also said that small and medium-sized mining operations, which tend to be family-owned, saw a 40-50% fall in production.
The Argentine Chamber of Mining Entrepreneurs issued a report this week stating that it expects mining industry investments to reach US$ 29 billion and employ about 80,000 people in 2019.