Daily coverage from across the country, written for the expat community
Results for “gold”Clear
Indigenous leader Marlon Vargas calls President Noboa's urgent mining and energy reform a threat to water, territories, and collective rights. The National Assembly has until March 2 to vote on the bill, and CONAIE is calling for unity against it.
The original 18-karat gold FIFA World Cup Trophy is on display at Quorum del Paseo San Francisco in Cumbayá from 2:30 PM to 9:00 PM today — the fourth time the trophy has visited Ecuador. With La Tri set to face Germany at MetLife Stadium this summer, World Cup fever is running high.
Ecuador’s largest gold mine exported a record $1.8 billion in 2025 — a 51% jump from the prior year — as gold prices topped $5,000 per ounce for the first time. Lundin Gold just announced $100 million in new exploration spending and discovered a fifth copper-gold deposit, signaling the mining boom is just getting started.
Washington and Quito have 'substantially concluded' negotiations on a reciprocal trade agreement set to be signed in coming weeks. But Ecuador's biggest non-oil export to the U.S. — shrimp worth $2 billion a year — may not get the tariff relief the industry needs to survive.
Loja province has been placed on orange alert and emergency warehouses now hold over 6,000 humanitarian aid kits — three times the historical average. Three cantons are under active watch as the rainy season intensifies across Ecuador's southern highlands.
President Daniel Noboa has been invited to a Trump-hosted Latin American presidential summit on March 7 in Miami, aimed at countering Chinese influence in the region. The U.S. also highlighted Ecuador's mining potential and signed a critical minerals agreement.
The ACLED Conflict Watchlist 2026 ranks Ecuador among the planet’s most dangerous nations. Over 3,600 people died from organized crime violence in 2025 — a 42% increase — and 71% of the population was exposed to criminal violence, the highest rate in Latin America.
EP Petroecuador reported field production of approximately 370,000 barrels per day in January 2026, with the Sacha and Auca blocks leading output. While below peak levels, the steady numbers support government revenue forecasts and reduce the risk of mid-year austerity cuts.
Ecuador's health regulator ARCSA ordered the preventive withdrawal of 34 lots of Alula Gold Premium infant formula after an international alert flagged possible contamination with cereulide, a bacterial toxin that causes digestive illness. No health effects have been reported in Ecuador.
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.
The government has indefinitely suspended all mining in Napo province and restricted processing plants in El Oro and Loja after detecting arsenic, cyanide, and heavy metals at dangerous levels in Amazonian rivers.
Gold prices have shattered records, hitting $5,092 per ounce. For Ecuador, a gold exporter, this means higher revenues even without increased production.