Articles
Business intelligence and analysis on Ecuador
Ecuador Halts All Mining in Napo Province, Restricts Operations in El Oro and Loja Over Toxic Contamination
Ecuador's Ministry of Environment suspended all mining activity in Napo province and restricted ore processing in El Oro and Loja effective February 2, citing dangerous concentrations of heavy metals and cyanide in the Calera, Amarillo, and Napo rivers. Officials warn environmental restoration will take "many years."
CONAIE Mobilises Against Noboa's Urgent Mining Reform Bill, Warns of 'Devastating' Environmental Rollback
Ecuador's largest indigenous federation CONAIE raised a formal alarm on February 4 against President Noboa's mining reform bill, submitted January 28 as an "urgent economic matter" with a 30-day legislative deadline. The government aims to boost mining exports from $3.6B to $6.8B by 2036, but CONAIE warns the bill guts environmental safeguards for paramos, forests, and water sources.
Cascabel Copper-Gold Project Advances to Pre-Feasibility as SolGold Secures $180mn Tranche
SolGold's Cascabel copper-gold project in northern Ecuador has advanced to the pre-feasibility stage, supported by a freshly secured $180 million financing tranche and an updated mineral resource estimate that confirms it as one of the largest undeveloped copper-gold deposits globally.