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...
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 …
Ecuador's ambition to become a mining superpower is being tested as the South American nation's first large-scale copper mine …
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 ...
Ecuador made its first export of 22,000 tonnes of copper concentrate from the Chinese-owned Mirador mine, the energy ministry said on Wednesday, marking a new milestone in the country's effort to ...
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 ...
Ecuador's government announced on Friday that it was revoking Ascendant Copper's mining concessions for the controversial Junin Project. "As an Intag resident, I am ecstatic to be rid of a source of conflict that was tearing our communities apart," said Carlos Zorrilla, executive director of Defensa y Conservación Ecológica de Intag.
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...
An exemplary illustration of this potential is the colossal La ndida copper mine, a global leader in copper production, nested within rocks of the same age as those found in the Cascabel region. The project finds its home within the majestic Cordillera Occidental, also known as the Western Cordillera, in Ecuadorian Andes.
A resource estimate in 2022 included an indicated portion of 579 million tonnes grading 0.47% copper, 0.03% molybdenum, and 0.05 g/t gold (0.59% copper equivalent) and an inferred portion of 887 ...
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 ...
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 ...
Warintza's central deposit has 579 million indicated tonnes grading 0.47% copper, 0.03% molybdenum and 0.05 gram gold per tonne (0.59% copper equivalent), according to an April 2022 resource update.
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.
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 ...
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 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 ...
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 …
Salazar Resources is Ecuador's proven and trusted exploration company, focused on creating value and positive change through discovery, exploration and development. ... The mine is planned to start in 2024, with average annual production of 10,463 tpa copper and 21,390 tpa copper equivalent over the life-of-mine.
The Cascabel copper-gold project is located in the north-western part of Ecuador near the Andean Copper Belt. The main target of the Cascabel project is the Alpala deposit. The site is under-explored …
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 ...
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).
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 ...
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.
Ecuador's mining chamber of commerce values the country's metals wealth at $220 billion and says it is sitting on more than 39 million ounces of gold reserves and over 8 million metric tons of ...
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.
The government of Ecuador is in the final steps of approving an expansion for the Mirador copper mine, run by the local unit of Chinese consortium CRCC-Tongguan, EcuaCorriente.
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 ...
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 miner, which holds 72 mineral concessions in Ecuador through four subsidiaries, said it had found a new porphyry copper-gold-molybdenum system — Santa Martha — in the northern part of the ...