March 3rd – Copper Mining in Argentina: Los Azules Project in San Juan


March 3rd 2023

 Copper Mining in Argentina: Los Azules Project in San Juan

 

National Holidays: Friday March 24th

 

Grains and Markets:

Tunisia is in the market for a Handymax of soyabeans on April dates.

Morocco is reported seeking a Supramax of soya meal on April dates and Vietnam a similar volume of same product on May dates.

There are rumors locally that the Government will place an export quota of 8,000,000 tons of maize for this year.

Presumably to protect the domestic market affected by the smaller crop caused by the drought.

Los Azules mining project, San Juan:

The latest news on copper mining in Argentina concerns the Los Azules project in the province of San Juan.

The initial surveys and project were implemented by McEwen Copper of Canada since 2017.

The other capital partner is Rio Tinto.

Yesterday Stellantis, (the merged company that used to be Peugeot and Chrysler) announced they will become part of the venture with a 14.2 per cent.

Stellantis’ main interest is in securing copper for their worldwide manufacturing process.

The mine is projected to be up and running by 2027 with annual production of 100,000 tons of high-grade copper concentrate.

It is in the northwestern Andes, close to the border with Chile.

 

Bunker deliveries at Zona Comun:

STS BUNKER AT ZONA COMUN FOR NEXT DAYS:

 

As always, the STS operation is up to the discretion of the Master’s of the vessels involved.

 

Groundings on the River Parana 2022:

 Vessel   Km From Until  Draft
BAHRI GRAIN 453,0 25/2/2022 23:16 26/2/2022 17:25 8,53
OCEAN THYME 315,0 21/4/2022 21:50 22/4/2022 02:49 7,77
ARKLOW SPRAY 324,8 5/5/2022 06:40 5/5/2022 08:55 9,65
ARKLOW SPRAY 324,0 5/5/2022 09:10 5/5/2022 23:59 9,65
STAR CARIOCA 256,0 8/5/2022 16:55 9/5/2022 10:27 10,20
FAIRCHEM KISO 447,3 5/9/2022 06:30 6/9/2022 09:45 9,50
SCARLET FALCON 288,4 14/12/2022 14:40 15/12/2022 05:40 9,90

 

 

Will keep you posted.

Best regards,

Antares Servicios Maritimos S.A.

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