upcoming mining journal research

Add new layer of intelligence to your investment decisions Publication of the Mining Journal World Risk Report (feat.MineHutte ratings) is the culmination...

EYEBROW

29 September 2017
Test edition
Test edition

Summary of this Test edition

EYEBROW

26 September 2017

upcoming mining journal jobs

The Birimian: plenty more where that came from

A mix of old and new discoveries will keep geologists coming back for more

West Africa holds onto junior appeal

Discovery potential worth the accompanying challenges

Permitting resolution sees Pebble progress

Northern Dynasty pursuing smaller project without cyanide

Trilogy on the road to progress at Ambler

Alaska project owner gets ready to start permitting procedure

upcoming mining journal events

SEG 2017 Conference, Ore Deposits of Asia: China and Beyond

Detailed Event Info: The Organizing Committee is pleased to invite you to the SEG 2017 Conference, Ore Deposits of Asia:...

Finance > Capital-markets

Mining set to bring US$1 billion to Ecuador in 2018

Ecuador’s mining minister Javier Córdova says mining activity will be fundamental to the country’s growth in 2018.

Staff reporter

Finance > Capital-markets

Mining set to bring US$1 billion to Ecuador in 2018

Ecuador’s mining minister Javier Córdova says mining activity will be fundamental to the country’s growth in 2018.

Staff reporter

Mining set to bring US$1 billion to Ecuador in 2018

Javier Córdova says mining activity will be fundamental to the country’s growth

"We will receive more than US$1 billion of foreign investment for the exploration and development of new mining projects," mining minister Javier Córdova said in a statement translated from the Ministry of Mining's website.

The amount is more than double the figure of $488 million projected by the ministry in September.

Ecuador's government was proactively working to make the country more attractive for mining investment, Córdova had told Mining Journal in an exclusive interview in October.

Córdova said the investment would come from 300 new mining titles granted to majors including BHP (AU:BHP) and Newcrest Mining (AU:NCM) and Australian mining magnate Gina Rinehart's Hancock Prospecting.

He said other revenue would flow from royalties with $20 million and $30 million expected from Lundin Gold's (CN:LUG) Fruta del Norte gold-silver and EcuaCorriente's Mirador copper projects.

Córdova made the statement following a report by Ecuador's central bank earlier this month.

Other explorers upping activity in Ecuador include SolGold (LN:SOLG) springing off its Cascabel discovery and Lumina Gold (CN:LUM) recently raising C$20 million to advance its gold and copper projects.

topics

loader