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Cont.....
“Lasso has repeatedly recognised that mining has brought direct and indirect job sources, as well as the importance of this sector in the Ecuadorian economy, reflecting that 46% of Ecuador’s Foreign Direct Investment from 2017 to 2020 came from mining and the possibility of the sector supporting an increase in GDP.
SolGold looks forward to working closely with the new administration in support of responsible mining in Ecuador as we advance our Alpala project and our regional exploration programme.“
Never fails to underwhelm and do the opposite of what we think!!! What will the next big hope be to get the price moving ?
“Guillermo Lasso won Ecuador’s presidential election runoff with 52.5% of the votes, with opponent Andres Arauz conceding defeat. This is a very positive result with Lasso being pro-business and pro-markets. We believe Lasso will be supportive of the mining industry in Ecuador, he has promoted policies that boost investment in the private sector and exploitation of natural resources with environmental responsibility.
Proposals relating to mining within Lasso’s government plan framework include:
To exploit mining resources with the application of international best practices to protect the environment
Regulate the sector to promote legal and responsible mining
Design a plan that maximizes mining benefits while safeguarding environmental well-being
Appoint a Minister of Environment and Water who is concerned with environmental conservation but who will accompany and support the use of non-renewable natural resources.
Promote new concessions, as well as compliance with all regulations for the care of the environment and water sources
Work synergistically between the public and private sectors to develop public policies for economic and environmental development
To present a legal framework with regulations that:
Ensure the growth of the mining sector and care for the environment
Dismantle illegal practices by strengthening border security
Respect intangible zones
Establish criminal liability and obligation to repair and compensate for infringement of environmental quality standards
Source: Guillermo Lasso's government plan“
Novice may day lol!!:)
Very good election news, should see this into 30s today
The people of Ecuador voted for mature experience politician ahead of unknown very young one....in the grand scheme I think it's positive news for us to have him in charge....an ex banker can't be bad for business....
GLA.
Should see 55p sometime in the future then Lolzz
https://www.google.co.uk/amp/s/www.wsj.com/amp/articles/ecuadors-guillermo-lasso-wins-presidential-election-11618195085
Interesting interview laying out Lasso’s credentials
Only 5 minutes long but well worth a listen
Yes the idea of Chinese takeover looks unlikely but hey you never know?
On balance the best result all round and hopefully as an Ex banker he will see the benefit of a strong economy supported by the wealth created from Ecuador’s natural resources including mining which could and should help to pay off their debts
On May 24, we will assume with responsibility the challenge of changing the homeland and changing the opportunities and prosperity that we all long for all of Ecuador," Lasso mentioned regarding the day the Government will take office in the National Assembly that will be installed ten days before. .
Lasso referred to rights. “We are going to defend the rights of Ecuadorian women, which are human rights. We are going to worry about the rights of labor equality with men, in terms of employment and remuneration, "he said.
“I want to address pregnant teenagers, who have had children and are caring for children. María de Lourdes (his wife) and I are going to be their parents, we are going to take care of them, ”he added
“Listen to me well the minority groups of GLBTI (gay, lesbian, bisexual, transsexual, transvestite and intersex), I will fulfill my commitment to protect them to avoid being stigmatized, singled out, for their way of seeing life. You have my commitment that we will comply with all of you, "he commented.
Regarding his first measures, he reiterated his desire to close the Ministry of Higher Education, Science, Technology and Innovation (Senescyt). “Friends, we are going to close the Senescyt. We are going to respect the right that a young person has to study at the university what he wants, not what the Government wants ”.
He announced that he will work from Monday on the vaccination plan against the coronavirus in the country together with the vice president-elect, Alfredo Borrero, a doctor by profession.
“Today we are going to be able to sleep in peace and calm. I don't come up with a list of who to hunt down and see in jail. I want them not to be afraid of the Government and to disagree with the President of the Republic, ”Lasso said.
.
Perfect result for us ..... full steam ahead
I don't think either of them presented a real threat to us, but of the two, Lasso represents the best possible outcome...hopefully!
Lasso wins with 52% of the vote.
It's looking like Lasso will be the next President
Sell the news as they say , i doubt this will make a jot of difference tomorrow. Something is stirring , but not elections is my opinion.
Something about the Galapagos Islands by David Attenborough lolzz
Why do we care about the election? Neither party looks likely to cause any grief. Is there nothing on telly?
As found on an Ecuador site "Polls will close at 5pm on Sunday (22:00 GMT), with results expected that evening. The new president will assume power on May 24." So we might know by mud morning tomorrow
does anyone know if Ecuador uses Dominion voting machines ?
With the voting closing at 2200 UK time surely a country the size of Ecuador it will take a few days for the result to be confirmed.OK we might have an indication on an exit poll basis but I've seen this go wrong.What do you think as someone posted a couple of days ago result tomorrow .
Good news !!!:)
Significant jump this week. 15-20% just on election result.
looks like Aruaz on the exit polls !!! 55p and onward here we come ; O )
Perez is US backed candidate and was discredited back in March after trying to get the military to intervene in the elections.
Arauz last week seemed to gain the backing from Indigenous groups.
Let's hope Arauz does gets in and keeps all parties happy.
Colonel, looking at Perez’s Twitter feed he appears to be losing some credibility among some of his supporters for telling them to spoil their ballot papers. He is being accused of only self interest and not really having the interest of Ecuador at heart..
Interesting dynamics at play.