RE: Ecuador’s minister13 May 2019 23:21
has made a statement regarding new mining legislation (see below) but given his last claim regarding a major mining find announcement within 48 hours which never materialised I am inclined to treat his rhetoric with a pinch of salt
The country, which has been working to overhaul its mining law since President Lenin Moreno took office in 2017, will issue new legislation “in the coming days” that will make the country more competitive and attract more foreign investment, deputy mining minister Fernando Benalcázar said. The new rules will make it faster for companies to obtain exploration permits, he said.