The International Finance Corporation, a member of the World Bank Group, will invest 7.3 million Canadian dollars (USD7 million) in Argentx Mining Corporation. IFC’s investment will finance a mineral exploration project intended to provided economic benefits and jobs for Argentina once the mine is developed. Argentex is a Canadian mining company engaged in mineral exploration projects in Argentina’s Patagonia region.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.