Ecuador hoping to attract billions for mining investments

Posted on January 19, 2017 • Filed under: Ecuador, Latin America Mining

mining-technology.com reported major players including BHP Billiton and Hancock Prospecting are set to sink an estimated $1bn of foreign direct investment into Ecuador’s nascent mining industry this year. Julian Turner finds out what’s in store as companies line up to take advantage of a glut of new mining licences.

After a hiatus of six years, Ecuador began granting new mining exploration licences in October, with over 300 to be awarded by year-end, triggering a mini gold rush among foreign operators including BHP Billiton and Hancock Prospecting keen to tap the nation’s high-grade copper and gold deposits. Read Article

THINKING OF MOVING TO ECUADOR – THIS IS ONE BOOK THAT IS A MUST READ

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