The context of this article is that, Argentina, like Canada, has federal and provincial levels of government. Mineral resources and mining, with associated environmental impact assessments and permits, are governed at the provincial level, which means that the rules are different depending on which province one's project is located. Since the new government was voted into power in December last year, it has been working toward the unification of laws related to the extractive sector across the whole country. Under the new proposal, each province would still have autonomy over the application of the law but, from an investor's perspective, the playing field would have been leveled - the basic laws governing the extractive industry would be the same across the whole country. The link is to progress on the adoption of the common set of laws by the provinces in Argentina. This New Law Is A Massive Step In Re-Opening A Top Mining Nation One of the most interesting stories in mining and energy of late has been the re-emergence of Argentina. With a new pro-business government here moving quickly to open the country to investment, after a long absence on the world stage. And this past week, President Mauricio Macri took the biggest step yet in re-booting the mining sector. That's a move to unify mining policy across the entire country. Which Argentina's Secretary of Mining Daniel Meilan told Reuters Thursday is now underway. Meilan said that one of the biggest features of the unified federal mining policy would be permission for open pit operations. Which right now are prohibited by local laws in seven of Argentina's 23 states. That's been a big sticking point for mine developers over the past several years -- in gold, silver, copper and uranium. But the federal government wants to change that patchwork of regulations, with Secretary Meilan saying they are working on legislation to "invite the provinces back into the system". He noted that the government is taking the first steps by creating a draft national mining bill -- using input from Argentina's Federal Mining Counsel. Which will be then be used to initiate discussions with state governors, aimed at getting a nationwide consensus on mining policy. If successful, this would be a quantum leap for mining in Argentina. With the country hosting great geologic potential, which has gone under-investigated during the most recent exploration boom -- due to concerns over the viability of deposits found here. A new mining policy allowing open pits would be a major trigger for increased activity. Especially combined with other recent moves from the Macri government, such as a lifting of laws prohibiting repatriation of corporate profits out of Argentina. Watch for news on the progress of the draft bill, and the ensuing discussions with local government. It isn't going to be an easy path, but federal officials do appear determined. Source: David Forest, Pierce Points - www.piercepoints.com About U3O8 Corp. U3O8 Corp. is focused on exploration and development of deposits of uranium and associated commodities in South America. Potential by-products from uranium production include commodities used in the energy storage industry - in the manufacture of batteries - such as nickel, vanadium and phosphate. The Company's mineral resources estimates were made in accordance with National Instrument 43-101, and are contained in three deposits: Laguna Salada Deposit, Argentina - a PEA shows this near surface, free-digging uranium - vanadium deposit has low production-cost potential; Berlin Deposit, Colombia - a PEA shows that Berlin also has low-cost uranium production potential due to revenue that would be generated from by-products of phosphate, vanadium, nickel, rare earths (yttrium and neodymium) and other metals that occur within the deposit; and Kurupung Deposit, Guyana - a uranium resource has been estimated in four veins within a uranium-zirconium vein system. Resources have been estimated on four veins, while consistent mineralization of the same type has been intersected in scout drilling of an additional six veins, while yet other veins require first-time exploration drilling. Information on U3O8 Corp., its resources and technical reports are available at www.u3o8corp.com and on SEDAR at www.sedar.com.