Daily coverage from across the country, written for the expat community
Results for “CMOC”Clear
The Cangrejos project, ranked 13th among the world's largest undeveloped gold deposits, gets a 26-year exploitation contract. Chinese-backed Odin Mining will invest $1.6 billion and generate 1,168 jobs. The government expects $6 billion in total revenue.
Ecuador signed a bilateral mining framework with the United States at the inaugural Critical Minerals Ministerial on February 4. The agreement positions Ecuador's copper and gold reserves as strategically important to Washington -- and adds fuel to the mining debate in Azuay.
