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Agreed addicknt, let's see what type of reply you get.
At the moment I am quite relaxed about this as I am reasonably sure our ESG will cover us, and if not we will amend it such.
Just goes to prove that ESG is critical in today's mining sector.
Q, it's as clear as mud, isn't it?
Doesn't this part cover us. Or is it more involved.
The mining projects in production or exploration will not have any brake after the agreements in the dialogue table, because they already have titles.
Agree ship let's us know if you get a reply addicknt please
Addicknt.......... Good man!
It might come out in the wash but we've been stuck on prewash for far too long
We need fast forward to spin now.
copper, I've asked the question.
Agree clarification RNS please we don't seem to be getting anything from them ATM
We've been dealing with these political tangles for years - it all comes out in the wash.
Morning addicknt, the indigenous people around Cascabel and indeed Alpala seem more than happy with Solgold and their contribution to the local communities. If every concession is dealt with independently (not sure it will) we shouldn't have a problem.....should we? It's all a bit messy and I'm not liking it too much.
I'm still holding tight to my shares. It would be nice if we could get some clarification from the company.
Offski.....busy day ahead.
SM, I'm confused. We have been consistently told Cascabel isn't within an indigenous area, so how is this relevant to us? And what does "stopped" mean?
You can tell it's after hours, matron has gone to bed boys, please be good.........................
Not after last night. Or don't you read at all?
NM.
He will say anything to make a quick buck..
#scum
Posted by the lying ramper seanhunter... not to be trusted!
SOLG Train about to leave the station...06 Oct 2022 15:53
"Last chance to get in under 20p coming soon. Once the hype starts this baby is gonna start puffing its way back- up to 40p. Its deja vu all over again and all wanted is just a tiny bit of news and it's full steam ahead.
Pity those poor baskets on the sidelines still waiting for 10p. We are ridiculously undervalued and this is going to snap back into the 20s and 30s very quickly once movementnin the right direction gathers momentum"
Tin hats time sharemarket
What a hypocrite……
Everyone can read how you supported the said poster on other sites……..
The technical team have our sympathy, we know what they are up against.
Good morning,
Our technical team will be doing what they can to prevent a repeat of the posts that were made last night.
Kind regards
Comment: I wonder whether the ongoing JV conversations around our many, as-yet-untouched licenses have been held up by this? I've tried to make it clear when there were questions and answers below but missed one or two. Probably easier to click the link, right click on the page and translate to English as I did.
Cheers and good evening all. Sean I agree that news is forthcoming.
SM
The impression remains that this table will be able to decide whether or not to go to a project that already had a mining title
In my personal opinion, this oversight will be informative. I understand that they (the indigenous movements) want to oversee the large-scale concessions that are already operating and I don't think there will be a problem with the operators of those titles, because they meet high standards. We shouldn't be afraid.
Prior consultation was the most controversial issue in the dialogues. Does the Executive already have a proposal?
On October 25, the technical table begins to analyze that. I know that there is a draft bill from the Ministry of the Environment. The most difficult part will be to identify where the prior consultation will apply and if it will be binding.
What is the deadline to have the prior consultation law ready?
I do not see a clear horizon of how long the approval will take, especially since the National Assembly has to deal with it. Without that clarity, how will they attract mining investment? There is interest from the world's largest miners, such as Australia's Newcrest and BHP. We are trying to give positive signals. If no agreement is reached on the prior consultation law, the government must look for a plan B.
Reshared from the Telegram group (thanks Pete). Link here: https://www.primicias.ec/noticias/economia/catastro-minero-dialogo-indigenas/
So why are there delays on some projects?
There are seven projects that are about to start the construction of their mines before 2025 and they are: Curipamba, La Plata, Loma Larga, Ruta del Cobre, the second stage of Mirador, Cascabel (copper) and Warintza (copper). Of these seven projects, six are stopped because the pre-legislative consultation that allows them to obtain environmental licensing has not been given. Only the second stage of Mirador does not need it, because it is part of the project that is already underway.
What does the pre-legislative consultation imply and why has it not been given?
They are the guidelines or regulations on how to carry out an environmental consultation. The only thing missing is the publication of the executive decree.
Why haven't they issued it if it is in the hands of the Executive?
The decree is ready, but it has not been issued due to political issues. I can't give more details.
In the dialogue tables it was agreed to form a binding technical table to review mining rights already granted. What reach will it have over mines in production?
We are open to any oversight and to deliver information. But in the technical tables, the legality of including the word "binding" in the minutes of agreements will have to be analyzed.
How will the mining sector close in 2022 and what is the projection for 2023?
The goal is to close with USD 2,600 million in mining exports in 2022. But we hope to exceed that figure and reach USD 3,000 million. If that happens, we are likely to overtake bananas as the third largest export product. And we expect the sector to reach USD 3.2 billion in exports in 2023.
How many new mines are planned to be built in 2023?
New mines are planned in the Curipamba (copper) projects, in the province of Bolívar; La Plata (copper and silver), in Cotopaxi; and Loma Larga (copper), in Azuay. A fourth project would be the second stage of the Mirador (copper) project, in charge of the Chinese company Ecuacorriente. This concession is located in the Amazon province of Zamora Chinchipe. In total, the four mines imply an investment of USD 1,563 million in 2023. The mining production of these projects will start from 2024 or 2025.
How much will Ecuacorriente invest in the new mine?
The first stage of Mirador is already operating. In the second stage, it will build a new mine, with an investment of USD 750 million.
When will the mining cadastre be opened?
In the second half of December 2022. There is no way it will not come out. With the mining registry, companies will be able to request new mining concessions. The system and regulations for opening still have to be fine-tuned. With the mining registry, companies will be able to request new mining concessions.
How many concessions will be available?
At this time, there are 1.7 million hectares under concession. And we have 3.7 million hectares available. But not all areas have mining potential.
How are they going to open the cadastre if an agreement was not reached at the dialogue table with the indigenous movements?
For me that was a surprise, I participated in the dialogue tables and that was an agreement. I do not know what happened. We cannot know where to make a prior consultation if there is no mining cadastre. What is clear is that we will not assign mining rights without prior consultation, but only where appropriate; that is, where there are indigenous peoples and nationalities. They cannot say that there are indigenous peoples in all of Ecuador. For example, if they ask for a concession in El Oro, where there are no indigenous nationalities, I don't have to do prior consultation. They cannot say that there are indigenous peoples in all of Ecuador. The mining projects in production or exploration will not have any brake after the agreements in the dialogue table, because they already have titles.
Government will open mining registry despite disagreement with indigenous people
In an interview with PRIMICIAS, the deputy minister of mines, Andrés Wierdak, explained that in December 2022 Ecuador will have a cadastre for mining companies to request concessions.
The deputy minister of mines, Andrés Wierdak , anticipates that in the second half of December 2022, the government will open the mining cadastre , which has been suspended and in purge since 2018. This instrument is an information platform that will allow companies to apply for mining concessions.
But the indigenous movements do not agree with the opening of the cadastre , and this was established in the closing minutes of the dialogue table with the government on energy and natural resources. In an interview with PRIMICIAS, Wierdak announced that this disagreement will not stop the opening of the cadastre, since he considers that this tool will help identify in which areas prior consultation should be carried out before approving the concessions.