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Armed forces, police, and intelligence services deployed to Puerto Bolívar in El Oro province for a major operation against criminal structures controlling the port. Defense Minister Loffredo says groups are using the port to ship drugs and extort fishermen.
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.
