Ecuador lies between the mining countries of Colombia and Peru and extends over the Pacific coast to the high Andes. The country has some raw materials. Many areas have not yet been explored or have hardly been explored. Another plus from Ecuador is government support for mining companies. Because mining can promote the economic development of Ecuador. And so there are tax incentives and favorable legislation. In addition, currency conversion has been in US dollars since 2000.
Ecuador has also recognized that a functioning infrastructure is also important in order to attract mining companies to the country. A comparatively modern port and motorway system as well as the nearby Panama Canal are advantageous. The relatively low labor and energy costs are also an advantage.
A company that mines in the Andes in Ecuador is Aurania Resources – https://www.youtube.com/watch?v=rM9XiXJvtqo&t=15s -. The Company’s flagship project, The Lost Cities Cutucu Project, contains gold and copper and is located in the metallogenic belt in the eastern foothills of southeast Ecuador.
Gold and copper projects in Ecuador are also in the focus of Adventus mining – https://www.youtube.com/watch?v=Ehyegui1eHk&t=8s -. Adventus Mining is pursuing the Curipamba, Pijiili and Santiago projects with its partner Salazar Resources. The company is also involved in exploration projects in Ireland.
Current company information and press releases from Aurania Resources (- https://www.resource-capital.ch/de/unternehmen/aurania-resources-ltd/ -) and Adventus Mining (- https://www.resourcecapital.ch/de/unternehmen/adventus-mining-corp/ -).
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