Ecuador expects to see mining investment up by 360% in the next three years
2017-03-17 15:00:39 【Print】
According to reports in Ecuador, the mining minister claimed on the PDAC mining exhibition in Canada that the country expected to see mining investment of USD4 billion from 2017 to 2020, up by 360% from 2013 to 2016 with related employment positions up from 3,700 to 16,000
In addition, he also revealed that when negotiating with various mining companies in Australia and Canada, both of the two parties will give priority to Ecuador.
. He pointed out that considering the essential role of mining in economic development in Ecuador, the government will not adjust any mining policies and meanwhile he also mentioned that more problems including community conflicts will be prominent with stronger investment in mining.
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