Building a Future Together
Continuous progress of the project to generate value for the future.
- We deepen relationships with communities, dialogue and listen to their concerns.
- We make all project information transparent through our official channels.
- We develop local employment opportunities.
- We develop the value chain by purchasing from local suppliers.
- We obtained permits for advanced exploration campaign.
- We initiated exploration work at the project.
Compliance
Mining Environmental Impact Law 24.585
Environmental protection for mining activities.
General Environmental Law 25.675
MARA Project environmental impact compliance.
Glaciers Protection Law 26.639
Glacier preservation regime and periglacial environment.
SEM Resolution 330-2016
Environmental impact compliance of MARA Project.
DIPGAM Provision 9-2020
Implementation of citizen participation procedures.
MARA project exploration information
Advanced exploration campaign in the field, under development.
The purpose is to conduct geo-metallurgical and geotechnical studies.
Obtaining field information to advance to feasibility stage.
What is the current status of the MARA project?
It is in Feasibility stage, waiting to complete the advanced exploration program. Administrative and judicial permits have already been obtained.
What are the details related to the integration between Agua Rica and Alumbrera?
In December 2020, the formal processes for the integration of Agua Rica with Minera Alumbrera were completed, thus reaching an important milestone in the process that the shareholders started in March 2019.
What are the future instances and deadlines for submitting the Feasibility Study and the Environmental Impact Report?
The project is making progress in the Feasibility Study and Environmental Impact Report, which consider, in addition to the engineering studies relevant to the Project, gathering additional field information on geological and environmental aspects.
What kind of social impact is this new project expected to have and how is this aspect handled?
In addition to the global environmental experience of the partner companies, and the incorporation of industry best practices, the MARA Integrated Project is born with a double distinctive element: on the one hand, it reuses Alumbrera’s infrastructure, which is in itself a unique aspect of the project that significantly reduces the environmental footprint and, on the other hand, it incorporates community concerns and demands collected in various instances, implementing a community monitoring system. The joint effort of the project members, the community and the authorities ensures a truly responsible, sustainable and innovative mining.