World’s largest miner BHP (ASX, NYSE:BHP) took a key step this week towards increasing its presence in Ecuador, the new darling of copper prospectors, by signing an earn-in and joint venture deal with Canada’s Luminex Resources (TSX-V:LR).
News ID: 4103 Publish Date : 2019/03/21
Ecuador, one of the hottest destinations for copper prospectors, aims to more than double the value of mining to its economy by 2021, but projects risks delays and potential halts due to growing local opposition to the extraction of the country’s resources.
News ID: 3180 Publish Date : 2019/01/07
Shares in explorer SolGold (LON, TSX:SOLG) closed 2.3% higher in London and were trading up 8.3% in Toronto early morning after it announced it had discovered a new copper and gold mineralization at its Porvenir project, located in southern Ecuador.
News ID: 3146 Publish Date : 2019/01/03
Ecuador is seeking to revive its power sector with new hydroelectric and LNG-to-power projects that would shore up a plan to participate in the neighboring Colombian market where a major hydro project, EPM´s 2.4GW HidroItuango, has derailed. Gonzalo Uquillas, chief executive of Ecuador's state-owned power utility Celec, spoke to Argus about the country´s plans. Edited highlights follow.
News ID: 2514 Publish Date : 2018/11/06
