Businessman Eduardo Elsztain , owner of IRSA, bought 40% of the Suyai mining project, a gold deposit located in the Andes mountain range near Esquel , in the province of Chubut.
The project "is 60% controlled by Pan American Silver and 40% by CAM (Casposo Argentina Mining Ltd.). With an estimated capital investment of US$220 million, it is expected to produce 250,000 ounces of gold annually," reported the cholila.online website.
Eduardo Elsztain , Argentine businessman, he owns several companies worldwide. IRSA is currently the largest real estate corporation in Argentina. Elsztain also controls CRESUD SA , which owns several shopping centers in the country: Alto Palermo, Abasto Shopping, Alto Avellaneda, Alto Rosario, DOT Baires Shopping, Paseo Alcorta, and Patio Bullrich, among others.
It should be noted that Eduardo Elzstain chairs the Board of Directors of Austral Gold , owner of CAM . In recent days, the IPROFESIONAL portal reported that: “The "shopping mall lord" has been exploring the mining business for some time. Without going any further, the businessman is also a shareholder in Austral Gold, owner of the Chilean Guanaco-Amancaya mine and Casposo-Manantiales, also located in San Juan. The objective would be for Casposo (which stopped producing in 2019) and Hualilán to begin operating together. In this way, Elsztain would complete the works at Casposo to process the gold extracted from Hualilán.”
Furthermore, Elsztain is one of the businessmen closely linked to Javier Milei 's administration and owner of the Libertador Hotel , where the president stayed for months, even after taking office. Curiously, the Milei administration's controversial RIGI seems tailor-made for Elsztain 's latest acquisitions, as the IRSA owner's new investment falls within the minimum capital requirements of the controversial RIGI, according to the cholila.online website.
In 2017, the United Kingdom launched a multi-million-dollar arms purchase plan to fortify the seized islands in the South Atlantic. Malvinas Agenda reported that the British had reached an agreement with the Israeli Department of Defense for $95 million. The supplier was the Israeli company Rafael Defense Systems, managed by the IDBD Holding corporation, which in turn is led by IRSA, which controls 81% of the group. Thus, Rafael Defense System, associated with a British company, supplied a missile system in 2020 as part of the new British defense plan, which only seeks to perpetuate the illegal usurpation of our islands.
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