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.

Ecuador Constitutional Court denies mining referendum

Mining News Pro - The Constitutional Court of Ecuador has denied an application to hold a referendum related to mining activities in the canto of Cuenca, in Azuay, where Canadian junior INV Metals is developing the Loma Larga gold/copper/silver project.

Lundin restarts Fruta del Norte in Ecuador

Mining News Pro - Freeport-McMoRan announced on Monday that it exceeded several key performance targets included in its April revised operating plans.

Small tailings dam collapses in Ecuador, communities denounce pollution

Mining News Pro - A small tailings dam associated with a mine run by Ecuadorean firm Austro Gold has collapsed, Ecuador`s government said on Friday, sending mining waste into a nearby river.

Lundin Gold provides 2020 outlook for Ecuador mine

Mining News Pro - Lundin Gold has issued a 2020 production guidance for its Fruta del Norte mine, in Ecuador, after confirming on Sunday that operations have resume.

SolGold moves to buy Ecuador mine partner Cornerstone

Mining News Pro - SolGold on Tuesday announced that it had formally commenced an offer to acquire the issued and outstanding shares of Ecuadorian mine partner Cornerstone Capital, inviting that company’s shareholders to be “part of an exciting plan”.

SolGold resumes exploration in Ecuador

Mining News Pro - Ecuador-focused miner SolGold has restarted its regional exploration program, following a hiatus of activities due to the government restrictions triggered by the covid-19 pandemic.

Lundin reopening Fruta del Norte mine in Ecuador

Mining News Pro - Canada’s Lundin Gold has begun taking the first steps to resume operations at its Fruta del Norte gold-silver mine in Ecuador, the country’s largest, as the government eases coronavirus-related restrictions to keep the floundering economy afloat.

Aurania to expand from Ecuador to Peru

Mining News Pro - Aurania Resources announced that it has identified an opportunity for additional copper and gold exploration as a result of the possible extension of a mineral belt from its Lost Cities – Cutucu project in Ecuador into northern Peru.

Ecuadorian mining sector allowed to resume activities

Mining News Pro - Ecuador’s Committee for Emergency Operations greenlighted the resumption of activities for the mining sector, 60% of which remained paralyzed since March 25, 2020, due to the covid-19 pandemic.

Tempus Resources funds gold exploration in Canada and Ecuador with A$4M raise

Mining News Pro - Australia-based Tempus Resources has raised A$4 million (US$2.6 million) in a private placement to fund exploration work at its Blackdome-Elizabeth project in B.C., Canada and at its Zamora project in Ecuador.

Tempus Resources funds gold exploration in Canada and Ecuador with A$4M raise

Mining News Pro - Australia-based Tempus Resources has raised A$4 million (US$2.6 million) in a private placement to fund exploration work at its Blackdome-Elizabeth project in B.C., Canada and at its Zamora project in Ecuador.

Tempus raises $4m for Canadian, Ecuadorian gold exploration

Mining News Pro - Tempus Resources has raised $4 million to fund its next stage of exploration at the low risk, high producing, high grade mine in British Columbia, Canada.

Force majeure forces Core Gold`s hand in Ecuador

Mining News Pro - Titan Minerals has announced that its 91%-held subsidiary Core Gold would indefinitely suspend all of its production operations and commercial activities in Ecuador, owing to a force majeure resulting from the Covid-19 pandemic.

SolGold’s Ecuador copper project gets bigger

Mining News Pro - SolGold’s confidence in its Cascabel copper-gold asset in Ecuador received a boost on Tuesday after a long-awaited third resource update for Alpala, the project’s main deposit, showed larger than anticipated resources.

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