The mining industry has seen better days, that is for sure. However, theirs is nothing better to fight a crisis – this one mainly caused by the decrease of gold’s price – than to pour some money into it.
And that is exactly what the company Yamana Gold is doing: the firm is investing $450 millionin its Cerro Moro gold and silver project, in Argentina.
The valuable deposit, located in the southern province of Santa Cruz, will be developed during this yearand start production very soon. However, you have more interesting numbers regarding Cerro Moro waiting for you in today’s infographic.