Mining sector expects to invest at least $ 400 million

With the creation of the Ministry of Mining in recent weeks, the government expects to give a definite boost to mining projects of medium and large scale, considered strategic for the country. The five main are in the awaiting since 2010, but none has yet entered in the...

President Correa announces creation of the Ministry of Mines

President Rafael Correa announced on Saturday the creation of the Ministry of Mines who will manage the metallic and non-metallic materials such as lime. Correa made the announcement in his National Address report during which indicated that mining “is such a big...

Guild is confident that incentives will help the mining sector to take off

It is expected that tax benefits under the Law on Production Incentives and Tax Fraud Prevention for the large mining sector (15 years of tax stability and tax credit for the Overseas Remittance Tax), contribute so the activity can takeoff, after being paralyzed, said Javier Cruz...