Interesting article22 Aug 2023 06:14
Highlights just how difficult it is to get things done in Ecuador at the present time …… viable mining projects gonna be few and far between …….
“Opposition to mining is blocking some $1 billion in potential investment over the next two years, according to Ecuador's Chamber of Mining, though a key project by Australia's SolGold is going ahead.
"Obviously, what happened in YasunĂ and in the ChocĂł Andino does not help any investment, neither oil, nor mining, nor any foreign investment," chamber president MarĂa Eulalia Silva told Reuters, adding that the investor seeks legal security.
"You can't protect the environment when you have poverty-stricken communities," she said.
Mining was Ecuador's fourth largest source of income last year at $2.8 billion.
On Sunday Ecuadorians also voted to elect a new president, to be decided in a runoff on October 15 between two candidates from the left and right, Luisa González and Daniel Noboa.”
Here’s the whole article worth a read
https://expansion.mx/mundo/2023/08/21/ecuador-gana-si-consulta-yasuni?_amp=true