The National Federation of Indigenous Nationalities of Ecuador (CONAIE) and the Shuar Arutam Peoples have reiterated their rejection of Solaris Resources’ Warintza copper project and President Daniel Noboa’s plans to expand mining operations in the country. The groups noted that 12 of the country’s most important mining projects currently face legal challenges, opposition, or are paralyzed – many due to…
Read MoreA major Indigenous group in Ecuador has warned it is making plans to hold protests at mining areas in the country. CONAIE leader Leonidas Iza told Reuters it and an anti-mining group voted to oppose the expansion of mining in Ecuador due to social and environmental impacts. It additionally voted to “prepare conditions of territorial defense” in present mining areas…
Read MoreAfter three years of construction, Lundin Gold has completed its South Ventilation Raise (SVR) project at the Fruta del Norte gold operation in southeast Ecuador, and it is operational. The project did encounter delays due to COVID and various technical challenges, but the work plan was revised last year from a traditional 5.1-metre raise bore to a 2.1-metre diameter pilot…
Read MoreAustralia-based, Ecuador-focused SolGold and Canada-based Cornerstone Capital Resources have entered into a friendly merger transaction, consolidating ownership of the copper-gold Cascabel project in Ecuador. Under the terms of the agreement, SolGold will acquire all of the issued and outstanding shares of Cornerstone, pursuant to a court-approved plan of arrangement. Cornerstone shares will be exchanged for 15 SolGold ordinary shares for…
Read MoreChile and Ecuador have resumed negotiations over a partnership to develop a major copper deposit in the northern Imbabura province of Ecuador after a yearlong impasse, reported Bloomberg. Ecuador Energy and Mines Minister Xavier Vera said that Chile’s state copper producer Codelco has agreed to a request by its Ecuadorian counterpart Enami to suspend two arbitration processes over the jointly…
Read MoreBacTech Environmental Corp. has hired David Tingey as chief operating officer. He will oversee operations development and management across the company, setting and driving strategic recommendations that support immediate shareholder interests in its Ponce Enriquez, Ecuador bioleaching project and its evolving South American growth strategy. The strategic addition of Tingey comes on the heels of the company announcing robust and…
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