TNR Gold Corp (new) ( (TSE:TNR) ) has issued an update.
TNR Gold Corp announced that McEwen Mining’s subsidiary, McEwen Copper Inc., has applied for the Los Azules copper project to be admitted to Argentina’s Large Investment Incentive Regime (RIGI). This project, with an estimated investment of USD 2.7 billion, aims to benefit from tax reductions and other incentives, which could enhance its financial viability and attractiveness to investors. The move signifies Argentina’s renewed openness to large-scale infrastructure investments, potentially boosting the country’s mining sector and offering favorable returns for stakeholders.
More about TNR Gold Corp (new)
TNR Gold Corp is a company operating in the mining industry, primarily focusing on net smelter returns royalties. The company holds a 0.4% NSR Royalty on the Los Azules copper, gold, and silver project in San Juan, Argentina.
YTD Price Performance: 30.0%
Average Trading Volume: 269,214
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$12.35M
See more data about TNR stock on TipRanks’ Stock Analysis page.