How Milei's RIGI became a Cornerstone of Rob McEwen's $3.17B Los Azules Copper Project
In this episode of Mining Stock Daily, host Michael McCrae speaks with Rob McEwen, Chairman and Chief Owner of McEwen Mining, and Michael Meding, Vice President and General Manager of McEwen Copper, following the release of the Los Azules Copper Project Feasibility Study. The discussion covers the study’s economics — including an estimated $2.2 billion in annual revenue, 65% gross margins, and a sub-four-year payback period. Initial capital cost is $3.17 billion.
The conversation explores Argentina’s new RIGI (Large Investment Incentive Regime) under President Javier Milei, which McEwen credits as a key factor in advancing the project and restoring investor confidence in Argentina’s mining sector. The interview concludes with McEwen’s outlook on copper demand amid electrification trends — and his bullish view on where gold prices could be headed next.
