Despegue San Juan Proyecto RIGI ESEN
up to date · reviewed Aug 30, 2026
Mining - Gold and silver (Deep Carbonates project)/San Juan
approved

Gualcamayo — Deep Carbonates (DCP): gold and silver (Minas Argentinas)

total investment in the act
519,6USD M

Reactivation and deepening of the Gualcamayo gold and silver mine (San Juan): the 'Deep Carbonates (DCP)' project extends the mine life toward the sulfide orebody at depth. Company/press figures (probable, outside the resolution): ~4,500 projected direct and indirect jobs; the operator is preparing a 'second RIGI' (~USD 1,500 M) to move from a mine to a mining district.

operator
Minas Argentinas S.A. Dedicated Branch RIGI I-Nuevo Gualcamayo
approving act
Resolución 6/2026
what it will need
2procurement fronts
Summary
share among the 22 approved RIGI projects we tracktotal USD 33,041 M
Gualcamayo1.6%
the other 21USD 32,521 M

The projectwhat it is, the route, the owners, the works and the contractors

Who owns it

Minas Argentinas S.A. Dedicated Branch RIGI I-Nuevo Gualcamayo (CUIT 30-71915462-6); controlling group Eris Resource Company / AISA per press reports verif · Jan 15, 2026

We have not worked on this yet · 2 blocks
  • The works, milestone by milestone — We have not built this project’s timeline. Dated milestones with their source close it.
  • Who already has a contract — We have not surveyed this project’s awards. A published contract with its source closes them.

How to supply itwhere to register, what they ask for and what they will buy

How to become a supplier

We have not worked on this yet

We have not built this project’s entry map. It is our gap, not a prohibition: it closes by opening the provincial register and the operator’s single window.

What it will buy, and when

Each phase buys different things at different times.

happening now1 phase

Exploration, feasibility and construction of the processing plant

under way
from admission (Nov 27, 2025) → Dec 31, 2028, the minimum investment deadline

The approved purpose is the exploration of the Gualcamayo 1 and 2 concessions, the feasibility of the Carbonatos Profundos deposit and «the construction, start-up and operation of the processing plant». Investment plan: USD 46,741,254 in the first year and USD 43,858,696 in the second, counted from the admission date. ⚠️ The act does not declare a start-up date.

Looking for work rather than to supply? What this project leaves the people of San Juan (in Spanish)

What it will need and has no supplier for yet

tesisOur own reading of the project, not company-reported data.

Deep drilling and underground mine development (deep carbonate mining)

medium

Moving from the depleted open pit to the deep orebody demands specialized drilling, ground support and underground development, different from the historical open-pit work.

Supplied bydrilling companies / underground mine contractors

Assembly and repowering of the mineral processing plant

medium

Building and commissioning the plant for the new orebody (investment deadline 31-Dec-2028) concentrates electromechanical works capex.

Supplied byconstruction firms / metalworking
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What it leaves in San Juanjobs, works, taxes, promises and the outlook

How many jobs it creates

In construction

230 new jobs for the nine months of the infrastructure works that started in August 2026, on top of a workforce of 327 direct workers and 437 contractor workers ⚠️ this is employment for the PRELIMINARY infrastructure works (accommodation, roads, power), not for the construction of the Carbonatos Profundos plant, which nobody publishes prob · Aug 14, 2026

We have not worked on this yet · 3 blocks
  • The works that stay behind — We have not surveyed this project’s permanent works. A published size with its source closes them.
  • What it already pays in taxes and royalties — We have not broken down this project’s local fiscal contribution: the primary source that sets each item still has to be opened, and an act of the State is not published on press backing.
  • Who promised what — We have not surveyed the public promises about this project. A dated, verifiable commitment with its source closes them.

What could stall itrisks and how to track them

We have not worked on this yet · 2 blocks
  • What could stall it — We have not documented this project’s risks. An identifiable vector with its source closes them.
  • How to tell whether it is advancing — We have not defined this project’s indicators: what observable fact marks its progress still has to be identified.

How we verified thisthe act, the gaps and the sources

The RIGI act, in detail

Administrative file number

EX-2025-61508153- -APN-SCEYM#MEC verif · Jan 15, 2026

Accession date

Nov 27, 2025 verif · Jan 15, 2026

The act’s articles, in detail

4 facts on the commitment
Local content set by the act

69 % of the amount earmarked for suppliers that goes to LOCAL suppliers verif · Jan 15, 2026

What that local content is calculated on

The entire investment amount earmarked for paying suppliers, goods and infrastructure works, during the construction and operation stages verif · Jan 15, 2026

Deadline for the commitment

31 December 2028 to complete the minimum investment amount. verif · Dec 31, 2028

Vehículo de Proyecto Único

Minas Argentinas S.A. Sucursal Dedicada RIGI I-Nuevo Gualcamayo (MASA-SD), tax ID 30-71915462-6, registered at Av. Ignacio de la Roza Oeste 2613, Capital department, San Juan. verif · Jan 15, 2026

What we could not confirm

There are 1 in this project. Each says why it could not be confirmed and what it would take to close it.

H-01The workforce for the construction of the Carbonatos Profundos plant and for its operation+

What is published, and loaded here, is the previous step: 230 jobs for nine months of infrastructure works. For the big stage —the construction of the plant— there is no figure in an accessible source, and Resolución 6/2026 does not publish employment.

What would close itThe Carbonatos Profundos feasibility study, or a Minas Argentinas release with the workforce by stage.
How to read the seals →   verif primary source · prob primary source pending · unconf not sufficiently backed · estim our own calculation · thesis our reading
Fact sheet built on primary sources, with the gaps declared. Back to San Juan