SolGold and the Alpala deposit of its Cascabel project in Imbabura in northern Ecuador has been one of the most promising porphyry copper and gold discoveries of the new millennium. With potential to produce red metal for more than five decades at a time when the world is increasingly calling out for new supplies to meet the burgeoning demand from electrification and decarbonisation of the global energy system. Its potential has drawn two Australian giants to invest in the company, BHP and Newcrest Mining, and more recently, Franco Nevada, the world’s biggest royalty and streaming company.