Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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I suppose Ecuador is no different to the rest of the nutty world in wanting the benefits of everything that comes out of a mine without having any mines
The world truly is stuck in the mud going stark raving bonkers right now!
Every time we see articles such as this they always describe Cascabel as if it's a done deal. If that's what the government believe they should just get on with giving us the outstanding permits and IPA.
President Noboa's presence is scheduled for today in Toronto to participate in the PDAC, the most important world mining forum. It will promote Ecuador as a mining investment destination. It is clear that Noboa Azín shares the criterion that the development of mining is key for Ecuador to emerge from its current stagnation, since this activity brings foreign investment in remote areas of the country that are incorporated into the formal economy, generates employment, exports and important tax revenues.
But Noboa's task is not to put Ecuador on the world mining map. He already is. The Fraser Institute asked mining executives from around the world which is the most attractive destination to invest in, regardless of differences in mining policies. Ecuador is voted the most attractive, after a province of Australia and another of Canada, countries that are home to the largest mining multinationals.
Noboa can report that under his mandate the Ministry of the Environment is unblocking some advanced projects so that they can move on to the development stage: recently El Domo, Curimining's intermediate-sized project in Bolívar, and before that Cascabel, a deposit of global importance that Solgold has in Imbabura.
Mining in the country was opened by Gustavo Noboa in 2000, the Montecristi constituent closed it in 2008, and Rafael Correa reopened it in 2015, allowing the development and production of the Mirador and Fruta del Norte mines. Moreno closed it again in 2018 and now only in 2023 will the door open slightly allowing the development of Cascabel and El Domo.
It is likely that at the PDAC Noboa will announce measures to attract mining investment. But you already heard that from Lasso. It would have been better if he had taken them sooner. Ecuador has a sad history of broken promises. It is up to Noboa to explain why Ecuador does not open the door to the mining companies that are fighting to enter.
They are going to ask you why you keep the mining registry closed. Moreno closed it and Lasso did not reopen it. For more than five years, companies very interested in entering the country have not been able to achieve concessions. Initially, the cadastre was closed because it was technologically obsolete and suffered from hacking, but multilateral organizations granted Ecuador a non-refundable credit and technical support to make a new one. Wouldn't it have been enough to buy the technology from Chile? That easy. But it hasn't been done. Which leads to the conclusion that no more investment is wanted.
Those that are already in the cadastre cannot advance either, because the Constitutional Court says that they have to comply with a prior consultation and an environmental consultation as required by law. But there is no such law. Neither Lasso nor Noboa sent to the Assembly an urgent bill of the law required by the Court.
https://www.eluniverso.com/opinion/columnistas/mision-en-toronto-nota/?outputType=amp
Ha 1984 …. Still due H1 and most likely preceded by improved IPA ….. if they can get some decent funding away or even better some conditional funding for development this might finally take off …. Here’s hoping
Perhaps the mining minister as a full in tray he needed to get through, like signing our exploitation agreement
I am so fed up of the endless talking with no profitable outcome. Something is going on why Nobby is going to Canada in person. A visit his mining minister could have attended without him, and of course the lack of any news on funding. Warren did say all along that the Chinese are the best bet for taking out solg. Well, I hope that they get a wiggle on.
So Noboa and a strong Ecuadorian delegation in Canada with Scott and Chris leading the SOLG team and various meetings arranged with majors over the next few days to progress Cascabel. I would suggest that if it's going to happen it going to happen now. My money is where its always been, with the Chinese. I don't think they'll get it without a lot of competition therefore I don't think they'll get it cheap, but they have deeper pockets than anyone. Hold for gold (and copper..and silver).
Bring on the bidding wars !!! not sure when but will surely come 😉
Thanks Roxi good listen
This was also informative….. from about 23/24 minutes re Chinese investment and the troubles they’re having investing in Canadian miners. Fortunately we’re UK registered
https://m.youtube.com/watch?v=rFgx-Izy0VU
Meanwhile, celebrations are continuing in Rochdale.......
https://www.youtube.com/watch?v=0NDy6Rlijzo
Elzis -
What solar system and planet do you come from? Are you humanoid or very different?
Have you got any photos of home you can share?
Usually detest and ignore all the off topic nonsense..... but covgaz.... seriously.... there’s a long standing cliche on these boards to DYOR!
I usually like your posts but 1972? Really?
...you humans are ridicules …. we crushed “by accident” so many flying sources to help your tech (and understand yourself) and advance... but.... with brains filled with sticks, immigrants and cricket … “boys” no way you can get THE UNIVERSE yet ...v
Spot on 1984!
Covgas. Google the top 5 cheating cricket teams.
You will find England come out top. Ahead of new Zealand.
Lever vasaline on ball
Anderson and broad, running there spikes over the ball
Trescothick, rubbing mint over the ball.
Bairstow stumped someone exactly the same
Broad refusing to walk, after being clearly caught by Clarke.
The list goes on
Whinging pom comes to mind
Around the same time we also brought out a jet that flew at twice the speed of sound (1350mph)
It was an era when western countries threw enormous money at advancing mankind
Now they’re throwing all their money at destroying and impoverishing us, and subsidising millions of immigrants whisky rolling over to accept the abuse they give us
Frightening how quickly economies and cultures can be crashed!
Plenty of precious metals up there to be mined so on topic with Solgold.
So , man landed and walked on the moon in 1972 , so we are led to believe.
But today , some 40+ years later , man can't land on the moon with all the new tech.
We need new spacesuits and the spacecraft is in danger of burning up so I am led to believe.
How come we could do it in '72 but not now with tech and scientific advances.
Solgold 5.6 by next Friday without news , to keep it on topic.
I always remember, back in 1990, when Sir Bobby Robson said that Gaza was " as daft as a brush. "
It gets dark at 3 o’clock in Rochdale, that’s all you need to know to understand why a pro Gaza maniac won the seat
Bravo Triumph1.
Who can be surprised by an election victory of a rank outsider in a place such as Rochdale. As always, context is everything, and galloway, like so many politicians before him fully capitalised on the disenfranchisement of so many groups of people, of which Rochdale (Even mcdonalds left rochdale town centre!) seems to be the epicentre. All he had to do was rattle a few sabres. The oldest trick in the book, but still as potent and effective as it was in the 30s.
If this isnt a wake up call for lib/lab/con, i dont know what is. Because with all of what is going on in the UK over the last couple of decades, the ground is fertile for populists to seize the initiative and bloom through age old tactics to get people to vote with emotion and stoke up tensions.
Ah but we don't cheat at cricket.
Strikes me that following this thread is suffering endless complete and utter boll*ks interspersed with one or two decent moments.
Bit like being a Solg shareholder really.
I forgot the constant need to show you've been offended.
And the ridiculous indignation when your caught telling porkys.