Argentina: Decree 449/2025 — simplifying procedures under the Mining Investment Law

25 Jul 2025    1 minute read

In brief

Through Decree No. 449/2025, published in the official gazette on 7 July 2025, the National Executive Branch amended Mining Investment Law No. 24,196 ("MIL") and Law on the Creation of the Geological Information Database No. 24,466, simplifying certain procedures and reallocating responsibilities to the Argentine Geological Mining Service (Servicio Geológico Minero Argentino (SEGEMAR)). These amendments were made pursuant to the powers delegated to the Executive Branch by the Bases Law (Law No. 27,742).

Contents

In focus

  • Fiscal stability certificate: Under the new regime, the enforcement authority will issue the certificate without detailing the tax contributions and applicable fees for each jurisdiction of the project. Instead, it will only indicate the date on which the feasibility study was submitted. This date will serve as the reference point for determining the total tax burden applicable for fiscal stability purposes. This measure aims to prevent delays previously caused by jurisdictions' late submission of information regarding the tax base and amounts, which was necessary for the issuance of the certificate.
  • Sworn investment statement: The sworn statement required under Article 18 of the MIL, which outlines the work performed and investments made, must now be accompanied by a report from an independent technical professional. This requirement is intended to enhance the technical quality of the submitted information and simplify the evaluation process.
  • Compliance with commitments: The enforcement authority will verify compliance with the commitments undertaken by cross-referencing the information on investments and activities declared under Article 25 of the MIL (tasks and studies to be carried out and investments to be executed) with the information provided in the sworn statement under Article 18 of the MIL (work and investments actually performed) for the same fiscal year.
  • Geological database: Regarding the amendment to Law No. 24,466, Article 1 has been modified to transfer the administration of the database — previously under the authority of the Secretariat of Mining — to SEGEMAR, a decentralized entity operating under the Secretariat of Mining.

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