ArMinera 2009 Exhibition to Showcase Argentina's Growing Mining Community

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Researched by Industrial Info Resources (Sugar Land, Texas)--Argentina's largest international mining exhibition, ArMinera 2009, will be held April 28-30 in Buenos Aires at the Centro Costa Salguero. The seventh edition of ArMinera is launched with 12,000 square meters of exhibition space, more than 350 exhibiting companies, and global representatives from Chile, Bolivia, Brazil, Canada, United States, Finland, United Kingdom, Mexico, Peru, Poland, Russia and South Africa. ArMinera will hold activities such as congresses, seminars, business deals, and conferences that will launch products and services and present new exploration projects in the region.

Mining in Argentina has become one of the fastest growing sectors in the last few years. Since 2005, several world-class deposits went into operation, such as Veladero (gold), Bajo de la Alumbrera (copper, gold), Cerro Vanguardia (gold, silver), Martha (silver). In 2009, several major projects started production, such as Pirquitas (silver), Manantial Espejo (silver, gold) and Gualcamayo (gold, silver). International companies currently exploring and operating in Argentina include Barrick Gold Corporation (NYSE:ABX) (Toronto, Ontario), Xstrata Plc (LSE:XTA) (Zug, Switzerland), AngloGold Ashanti Limited (NYSE:AU) (Johannesburg, South Africa), Silver Standard Resources Incorporated (NASDAQ:SSRI) (Vancouver, British Columbia), Coeur D'Alene (NYSE:CDE) (Coeur D'Alene, Idaho), Minera Andes Incorporated (TSX:MAI) (Spokane, Washington), Hochschild Mining Plc (LSE:HOC) (London) and Yamana Gold (NYSE:AUY) (Toronto), just to name a few.

Investments come mainly from Canada, the United States and Australia. According to Argentina's National Secretariat of Mining, it is expected that 18 brownfield and greenfield mining projects will be operational in 2015, requiring investments of about $10 billion.

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