Ecuador, after seven years, reopens the mining discount registry

Ministry of Culture of Ecuador, for the first time since 2013, for the first time since 2013, since 2013, for the first time since 2013 Reuters.

The move is part of a broader strategy to attract investment in the mining sector of the country and compressing on illegal operations.

The previous discount system was closed in 2018 among concerns about violations. Since then there has been no new mining discounts.

Ecuador’s large-scale mining development, despite its magnificent mineral resources, as peru and chili, as peru and chili, as a result of vital mineral reserves, was slow than neighbors.

In 2022, the country’s mining export was mainly from copper, gold and silver to $ 3 billion.

Mining Minister Ines Manzano was asked during a press conference: “To promote the development of mining investments in reliability and responsible for the environment and communities.”

The registry will be re-opened in stages starting with small-scale metal mining mining, which includes limestone and clay material, which are necessary for cementon and ceramics.

This stage will begin immediately, with mining discounts to be opened in September. The full register, including other types of mining, is planned to open in early 2026.

Manzano stressed the importance of combining data on the transparency and efficiency of the National Mining Cadast.

Reconstruction is adapted to new rules for the requesting permission for non-small non-mining mining.

“We have improved the rules and will give instructions that allow the proper development of the mining value chain,” Manzano said.

President Daniel Noboa, who eats to strengthen drug trafficking and economy, allowed the registration within the early October last October.

There are measures to prevent the spread of illegal gold mine in this order.

However, the proposal for the Noboa leadership for new mining rights resisted from the internal mining room.

He turned to this, the government spokesman Carolina Jaramillo said payments would be proportional to the size and type of project. He stressed that the “Open Dialogue” continues with industry representatives.

Adventus provided cultural in October last year Investment Agreement with the Government of Ecuador (IA) To develop air conditioning mining project in the southeastern country.

“Ecuador reopens the mining registry in seven years” first created and published Mining technologyA global brand.