China wants to buy Fruta del Norte

The company Kinross has at least one offer to buy the Fruta del Norte project in Zamora, in order to exploit the settlement under the conditions determined by the regime. Last week the Chinese private mining company, Junefield, submitted a letter to the regime authorities showing...
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National Assembly supported the veto on Mining Law

Yesterday, with 98 votes in favor, 6 against and 18 abstentions, the legislature, with a majority of ruling party members, supported the presidential veto of the Mining Law. The Assembly agreed with the objections of the Executive that only people who were identified in the 2010...
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Kinross seeks for an arrangement of “good faith”

“Our goal is to promote a process of good faith that would respect and protect the interests of both sides,” said Canadian mining firm Kinross, who is initiating discussions with the Ecuadorian government for the recognition and the recovery of their investments in...
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Kinross departure provides opportunities for state and national mining

Santiago Yepez, president of the Mining Chamber of Ecuador, said the situation is delicate because foreign investors were awaiting the signature of the operating agreement between Kinross and the state to venture into new projects, however, he noted that the current scenario is...
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Kinross mining company leaves Fruta del Norte project

Yesterday, the Canadian mining company Kinross announced its departure from Ecuador through a statement on its website, in which it explained that it will leave the Fruta del Norte project in the province of Zamora Chinchipe due to discrepancies in legal and economic terms with...
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The Assembly will vote mining reform today

Today at 15:30, the president of the National Assembly, the ruling party member Gabriela Rivadeneira, summoned the Plenary for the second debate on the mining reform project, which was sent on an urgent nature by the Executive and will have to be approved or returned. The...

The Assembly imposes mining reform despite opposition

Nine months after the meeting of the Ecuadorian President with mining companies to define the changes to the Mining Act and make a viable sector development, the National Assembly will try on Tuesday the reforms proposed by the Executive as economic urgent, despite the...
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Mining reform will be discussed tomorrow in the Assembly

After the Economic Regime Commission, chaired by ruling assembly member Oswaldo Larriva, approved a positive report for the processing, within a first debate, of the urgent project that will reform the Mining Law, tomorrow they will discuss it in the plenary, on a debate called...
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