The news follows the Australian company's commitment to invest $3.2 billion in the project, which would be the largest mining investment in Ecuador's history, and a loan of $10 million granted ...
Since 2017, with the commencement of construction of the $684-million Fruta del Norte project by Lundin Gold, Ecuador has increasingly captured the interest of major mining companies.
Mirador a major copper mine, has an annual output of 354,000 tonnes of copper concentrate and 96,000 tonnes of copper metal. The Warintza copper project from Solaris Resources (TSX:SLS) (OTCQB:SLSSF), is one of the most watched in Ecuador's mining industry and is located approximately 40 kilometres north of the Fruta del Norte …
Over an initial 28-year mine life, Cascabel will produce 4.3-million tonnes of copper equivalent, comprising 2.9-million tonnes of copper, 6.9-million ounces of gold and 18.4-million ounces of silver.
The CRCC-Tongguan consortium has left an indelible impact on Ecuador's societal and natural landscape with its copper mining investments, but it follows in a long line of Ecuadorian actors and …
Currently, Ecuador's mining sector employs 3,700 people, but the figure is estimated to rise to about 16,000 in the 2017-2020 period. ... Ecuador endowed within the copper-gold-silver Andean ...
Mirador, in the southeastern Zamora-Chinchipe province, has reserves estimated at 3.2 million tonnes of copper and is one of the only two mines in Ecuador that are in operations. The other is...
The Chinese mining consortium entered Ecuador's mining sector in 2010 by leveraging the existing business networks and operations of the Canadian firm it acquired, Corriente Resources, which had been …
The value of Ecuador's mining exports grew 32.6% in 2022 from the year before, reaching $2.78 billion after its two large-scale mines operated at full capacity, the country's energy and mines ...
In 2019, Ecuador exported $267,000 USD worth of refined copper to China, 5% of Ecuador's total exports, leaving substantial room for export growth. In Ecuador, the two Chinese-owned projects are the …
The issue of international arbitration is not new for this copper mining project. In 2011, the Canadian-owned Copper Mesa Corporation sued Ecuador for breach of the bi-national investment protection agreement. It is the only mining project in Ecuador that has been taken to international tribunals. Twice.
The miner says improvements in copper and gold recoveries at its Alpala deposit in Ecuador could add $8.7bn of revenue over the planned mine life. SolGold strikes again in Ecuador's Andean ...
Adventus Mining Corporation is a unique public company focused on copper-gold project development and exploration in Ecuador. In January 2024, Adventus completed a merger transaction with Luminex Resources Corp. (LR-tsxv, LUMIF-otcqx), which added the Condor Project with an estimated 2.7 and 5.2 million gold-equivalent ounces in the …
The Titan share price jumped almost 19 per cent to 3.8¢ in early trading on Thursday. Executives from Hancock's Hanrine Ecuadorian Exploration and Mining subsidiary visited the Linderos project ...
With a detailed feasibility study completed to top international standards, and strong community and government support as evidenced by the Environmental License for construction and operations granted by the …
Anglo American (LON: AAL) has resumed this week its field and community programs at the Pegasus gold-copper project in Ecuador, in which it can build a 60% stake by spending $57.3 million over ...
That said, oil and gas are not all Ecuador has to offer. Although gold mining in Ecuador is currently marginal, a number of foreign mining companies have found world-class gold, silver and copper ...
Adventus Mining (TSX-V: ADZN) and Salazar Resources (TSX-V: SRL) have scored a win in Ecuador after the country's environment ministry granted the partners a water use permit for their Curipamba ...
ESG Copper Mesa signs US$20M settlement in Ecuador dispute. Junior explorer and project developer Copper Mesa Mining (formerly Ascendant Copper) of Vancouver has agreed to accept a US$20 million ...
The Mirador copper-gold projectis located in the El Pangui Canton, in the Zamora-Chinchipe Province of Ecuador, near the Peruvian border, approximately 340km to the south of Quito and approximately 70km east-southeast of the city of Cuenca. The mine covers approximately 2,995ha in the Cóndor mountain range in the E…
The deal follows Hancock's purchase of a 49% stake in a state-owned mining company last month for $120 million, which gave it six mining concessions in the north of Ecuador, according to the ...
Item 1 of 11 Ecuador's Minister of Hydrocarbons Carlos Perez (C) talks to the media as copper output begins at the Chinese-owned Mirador mining project in Tundayme, Ecuador July 18, 2019.
Ecuador has lately attracted a flurry of interest from big miners looking to increase their exposure to copper. The highly conductive metal is in demand for use in renewable energy and electric...
The Australian miner has long said its project in Ecuador is one of the largest copper-gold porphyry systems ever discovered. ... the South American country expected to attract $3.7 billion in ...
Shares in Ecuador-focused SolGold (LON, TSX: SOLG) shot up more than 23% on Wednesday after the company committed to invest $3.2 billion in its flagship Cascabel copper-gold project and activities ...
In 2013, 29 percent of all global mining investments were undertaken in the region. Of those investments, large-scale Canadian mining companies controlled an estimated 50-70 percent. The arrival of Ascendant Copper sparked a "reign of terror" that lasted for several years. During this time, the Intag residents fought against paramilitary ...
Ecuador sees mining as a 'crucial driver' of the economy, providing jobs and incomes, but locals disagree. ... copper and zinc. In 2020, Atico Mining, a Canadian firm, stepped in and started ...
The 982-million-tonne copper asset, about 80 km northeast of Ecuador's capital of Quito, was initially being advanced by the country's national mining company, Enami EP, with the help of Chile ...
Northern Ecuador is in the captivating and lesser-known northern region of the abundant Andean copper belt. This remarkable belt stretches from the southern reaches of Chile to the expanses of the north of Colombia and …
The initial four-hole drill program at El Hito was completed in October 2022. All four holes intersected phyllic-altered quartz-diorite porphyry rocks with copper mineralization including 627 metres grading 0.20% copper, 42 ppm molybdenum and 0.21% copper equivalent (see PR: Nov 15, 2022).
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