Mining industry sees a way to navigate narco crisis in Ecuador

Ecuador’s budding mining industry sees a way through the violent mayhem sweeping the country, with operating mines and development projects expected to carry on as planned after stepping up security measures.

Atico shares surge on long-term extension for La Plata mining concession in Ecuador

Mining News Pro - Shares of Atico Mining (TSXV: ATY) surged by double-digit percentage points on Thursday after the company obtained a 25-year extension for the mining concession at its La Plata project in Ecuador.

Ecuador-focused Adventus and Luminex to merge

Mining News Pro - Canadian junior Adventus Mining is acquiring cohort Luminex Resources in an all-stock deal that creates an Ecuador-focused copper-gold development company.

Ecuador’s tense vote also threatens to end mining, oil projects

Mining News Pro - While investors are focused on Ecuador’s tumultuous presidential election, two other measures on the ballot in the Aug. 20 vote will also shape the country’s financial future.

Assassination in Ecuador spurs investor rethink of elections

Mining News Pro - As Ecuador grapples with the fallout from the shocking assassination of a top presidential contender, investors are weighing how the tragedy will influence the outcome of the upcoming election.

Ecuadorean votes could bar oil output in Amazon reserve, mining near Quito

Mining News Pro - Ecuadoreans will decide in two August referendums whether oil and mining projects in key regions of the country can continue, weighing Indigenous and environmental concerns against billions in potential lost income.

Ecuador, SolGold seal deal to launch nearly $5bn mining project

Mining News Pro - Ecuador’s government concluded negotiations with Australian miner SolGold to develop a major mine seen requiring a $4.9 billion investment over the lifetime of the project, the energy and mines ministry announced in a statement on Thursday.

Codelco loses environmental licence for Ecuador copper project

Mining News Pro - A provincial appeals court in Ecuador has stripped Codelco and local joint venture partner Enami of its environmental license for the Llurimagua copper project, according to a ruling published Wednesday.

Ecuador indigenous community rejects mining on their land after court ruling

Mining News Pro - Ecuador’s Constitutional Court in September ruled the environmental permit granted in 2011 for the major San Carlos Panantza copper project required a consultation with the Shuar Arutam community, but this was not carried out.

Salazar, Adventus reach deal for $270m Ecuador copper-gold project

Mining News Pro - The partners said that the country’s investment institution approved last week a draft contract whose final version is expected to be signed in four months.

Chile and Ecuador restart copper talks after yearslong impasse

Mining News Pro - After a yearslong deadlock, Ecuador and Chile have resumed negotiations over a partnership to develop a major copper deposit just as demand for the wiring metal is set to surge in a nascent clean-energy transition.

‘New’ frog species discovered near mining sites in Ecuador

Mining News Pro - Two new species of endangered glass frogs, the Mashpi glass frog (Hyalinobatrachium mashpi) and the Nouns’ glass frog (Hyalinobatrachium nouns) were identified near active mining areas in the Ecuadorian Andes.

Ecuador indigenous demand rights to consent on extractive projects

Mining News Pro - Indigenous communities in Ecuador on Tuesday presented hundreds of thousands of signatures to the country’s top court to demand their right to make final decisions on use of ancestral lands they say are threatened by expansion of extractive projects.

Ecuador court revokes Cornerstone Capital’s exploration permit

Mining News Pro - Ecuador’s Constitutional Court has backed the revocation of the environmental permit for Canada’s Cornerstone Capital Resources, which has been exploring in the country since 2005.

Ecuador mining sector needs clear regulations to attract investment

Mining News Pro - Ecuador needs clear nationwide industry regulations in order to attract foreign investment to its mining sector, the head of the country's industry association said, as community-led local referendums have slowed the development of mineral deposits.

SolGold and Cornerstone pull together to advance Cascabel project in Ecuador

Mining News Pro - SolGold and shareholder Cornerstone have ended a two-year standoff that cost the miner’s chief executive his post, agreeing to jointly advance the Cascabel copper-gold project in Ecuador.

Dundee expands into Ecuador with IVN Metals buy

Mining News Pro - Canada’s Dundee Precious Metals will add its first project in the Americas to its portfolio by acquiring all the shares it doesn’t already own in junior miner INV Metals, which owns the advanced-stage Loma Larga gold project in southern Ecuador.

Pro-foreign investment Lasso wins Ecuador presidential election

Mining News Pro - Guillermo Lasso, a 66-year-old conservative former banker, has won Ecuador’s presidential election with 52.5% of the votes, beating out Andrés Arauz, a 36-year-old leftist handpicked by former President Rafael Correa.

Codelco takes Ecuador to arbitration over stalled joint project

Mining News Pro - Chile’s Codelco, the world’s No. 1 copper producer, is taking Ecuador to international arbitration over the Llurimagua exploration project, which is being jointly advanced by the two nations.

Ecuador holds election closely watched by global miners

Mining News Pro - On April 11th, Ecuador will hold a presidential election that could have critical implications for the country’s nascent mining industry, though companies and analysts alike believe the two candidates facing each other in the second round will continue to support the sector.

Anti-mining activists attack Curimining worker in Ecuador

Mining News Pro - A group of anti-mining activists attacked a worker that leads community relations for Curimining, the Ecuadorian company in charge of developing the Curipamba copper-gold project, held by Canada’s Adventus Mining and Salazar Resources.

Strife with indigenous groups could derail Ecuador’s drive to be a mining power

Mining News Pro - Conflicts with indigenous communities have stalled operations at Ecuador’s San Carlos Panantza copper mining project, which the government of President Lenin Moreno had long pointed to as an example of mining sector expansion that would generate $40 billion in export revenue over the next decade.

Codelco seeks ‘friendly talks’ with Ecuador on Llurimagua copper project

Mining News Pro - Chile’s Codelco, the world’s top copper miner, said on Monday it was seeking talks with its counterpart in Ecuador after it failed to deliver on a bargain struck in 2019 to jointly develop the Llurimagua project in the tropical South American nation.

Aurania extends drill target in Ecuador

Mining News Pro - While completing its scout drilling program at the Tsenken N2 copper target in Ecuador, Aurania Resources has also discovered extensions to the areas of silver enrichment in soil previously reported from the Tiria-Shimpia silver-gold target over a cumulative length of 15 kilometres, the company reported on Friday.

Ecuador referendums can only apply to future mining rights

Mining News Pro - The Ecuador Constitutional Court on Monday ruled that referendums relating to mining activities would be allowed, but that they would only apply to future mining rights that were not yet granted and that they could not be retroactively applied to concessions granted prior to the referendum.

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