NGEx is advancing its 100%-owned Lunahuasi project, discovered in 2023, in San Juan Province, Argentina. The company also holds a majority interest in the large-scale Los Helados copper-gold development project in Region III, Chile. Both Lunahuasi and Los Helados are located within the emerging Vicuña District, which includes the Caserones mine, and the Josemaria and Filo del Sol projects.
In 2024, the Lundin Foundation supported NGEx in developing a Sustainability Strategy Framework centred on three key pillars: Responsible Resource Development, Strong Workforce & Communities, and Environmental Stewardship. This framework promotes the green economy and creates long-term value for stakeholders.
The Lundin Foundation helped NGEx align sustainability disclosures with relevant metrics, including the UN Global Compact. We also worked on closing gaps related to the Task Force on Climate-Related Financial Disclosures (TCFD) and the IFRS Sustainability Disclosure Standards 2.
Additionally, the Lundin Foundation integrated climate metrics into NGEx’s processes and capacity-building efforts. We designed workshops for the local Argentinian team, covering community engagement, stakeholder mapping, and grievance mechanisms.
“We strongly believe that everything we do must be with sustainability in mind. The Lundin Foundation has incorporated best practices into our daily work with communities, enhancing our teams. As a result, we have a strong group of committed people convinced that things can be done better and better, expecting different ways of life and generating bonds of trust and credibility.”
– Carla Rousseau Aste, Community Relations, NGEx Minerals
