Argentina’s mining minister, Jorge Mayoral.

by Cecilia Jamasmie, May 12, 2014

Argentina’s mining minister, Jorge Mayoral, surprised quite a few of the 300 executives present an annual luncheon last week, by calling its neighbouring Chile and Peru mining models “a failure.”

According to Mining Press (in Spanish), the official was especially critical of the other two countries openness to foreign investors.

Mayoral said Argentina did not want mining in a Chilean or Peruvian way:

“We want mining our way, which means we want to favour domestic suppliers, local management, make sure jobs are taken by technical and professionals coming out of our universities, that respect for the environment is a priority, and most importantly, that all this is done in a safe matter,” he was quoted as saying.