Argentina approves McEwen's $2.7 billion copper project for tax break program

Core Insights - Argentina has approved McEwen Copper's $2.7 billion Los Azules copper project for a tax break program called the Large Investment Incentive Regime (RIGI) [1] Company Summary - McEwen Copper is a Canadian mining company that is set to benefit from the approval of its Los Azules copper project in Argentina [1] - The project is valued at $2.7 billion, indicating a significant investment in the mining sector [1] Industry Summary - The approval of the Los Azules project under the RIGI program highlights Argentina's efforts to attract foreign investment in the mining industry [1] - The tax break program aims to incentivize large investments, which could lead to increased copper production in the country [1]