Canadian mining industry veteran Rob McEwen is considering listing shares in Argentina as part of an initial public offering of his copper venture, the latest sign of the country’s newfound appeal for investors.
McEwen Copper Inc. is planning an IPO in New York or Toronto to help fund construction of its Los Azules project in San Juan province. As part of that process, the company is thinking about a listing in Buenos Aires, he said.
“It’d be good to have a marker in the country,” McEwen said in an interview Tuesday. “It’d give Argentina an opportunity to invest in one of the first new copper mines.”
Once a pariah for foreign investors because of capital controls and state intervention, Argentina is regaining the confidence of mining companies as President Javier Milei offers a way to bulletproof their capital commitments. His government’s RIGI program of tax, currency and trade…
