Argentina’s Latin name “argentum” literally translates as silver, and important mines such as Silver Standard’s Pirquitas boost its production.
Latin America continues to be a big player in the mining industry, comprising countries that are some of the largest contributors of gold, iron ore and copper.
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Mines in Latin America are more likely to increase spending over the next 12 months than any other region, according to a new survey.
Timetric’s Mining Intelligence Center (MIC)
Despite recent struggles in the mining sector, Latin America continues to be an important destination for mining investment, exploration, development and equipment manufacturing.
During 2013, Latin America produced approximately eight percent of the global demand of mining machinery,