Ecuador Mining News

Lundin Gold completes one third of construction at Fruta del Norte

Lundin Gold expects to reach the ore body at its Fruta del Norte project in Ecuador during the first quarter of 2019, and pour first gold at around this time next year.

In Ecuador, landmark court cases challenge mining projects

The government turned over 70% of the Intag Valley into mining concessions, yet they didn't do a single consultation — not with the communities, not with the local authorities.

Copper, gold mines now likely cheaper to construct than to buy-research

Results suggest that exploration and building remains the riskier but potentially more cost-effective alternative

Grab samples deliver strong copper grades at Aurania’s Ecuador concession

Next steps include ranking its list of targets for near-term scout drilling.

Ecuador aims to more than double mining value to GDP by 2021

Ecuador is being hailed as the biggest potential new source of supply of the metal used in renewable energy.

China's Shandong Zhaojin seeks South American mining assets

The company has set up a representative office in Machala, capital of Ecuador's El Oro province, historically a gold-producing region, and will use this as a base to participate in South American projects.

BHP raises stake in promising Ecuador copper project

BHP has agreed to pay 45 pence per SolGold share.

SolGold loss almost doubles as its goes all in at Ecuador projects

For the 12 months to June, SolGold's pre-tax loss was A$15.3 million, compared to $8.3 million it recorded a year before.

Anglo American becomes latest top miner to land in Ecuador

Deal with Luminex gives Anglo the right to earn a 60% ownership interest in a JV company, which indirectly holds three copper and gold concessions in Ecuador.

Lundin lowers costs, ups reserves for Ecuador's largest underground mine

The asset, discovered in 2006, is expected to produce to 4.6 million ounces of gold over a 15 year mine life. That’s 73,000 ounces more than what was indicated in the previous estimate.

World’s biggest miner speeds hunt for copper assets, buys stake in SolGold

BHP will gain access to SolGold's Cascabel project, in northern Ecuador, believed to have the potential to become one of the largest copper-gold assets ever discovered.

Ecuador mining reforms good news for Lumina Gold’s project

Companies can now perform non-systematic drilling during the early exploration phase of their mining concessions and without requiring an environmental license.

SolGold intersects copper, gold at flagship project in Ecuador

Company believes its Cascabel copper-gold project, 180 km north of the capital Quito, may become one of the largest copper-gold porphyry systems ever discovered.

Lumina Gold soars on positive economic assessment for Ecuador project

Results of the Preliminary Economic Assessment show Cangrejos is one of the world's top 15 undeveloped gold projects based on its average annual production potential.

Lumina Gold, First Quantum ink deal to advance exploration in Ecuador

First Quantum will invest $1.5 million to advance exploration work at the Orquideas and Cascas assets in the first year, with the option of investing an additional $37 million over the course of the subsequent four years covered by the deal.

Solgold shares jump on Ecuador drilling

Up 8% at the open after intersects add more bulk to already massive Cascabel copper-gold project in north of South American country.

Judge orders Chinese company to stop mining activities in Ecuadorian town

A judge from the Ecuadorian province of Cuenca ruled that Ecuagoldmining South America S.A violated article 57 of the country’s Constitution.

World’s No. 4 iron ore miner wants to diversify its portfolio

The CEO of Fortescue Metals Group said that the company is working towards finding other commodities to mine.

Copper rookie looks to Glencore and Chinese for downstream dream

Ecuadorian officials have held talks with several foreign companies about the possibility of building a copper refinery.

Lundin closes $400-million financing to complete Ecuador gold project

Lundin has been developing Fruta del Norte for over a year, following an agreement with Ecuador’s government allowing the miner to move ahead with the gold project, the country's biggest.

SolGold on a roll, confirms major copper-gold target at Ecuador project

Results from 11 of the 12 drilling rigs at its 85%-owned Cascabel copper-gold project, suggest there is much more intense mineralization in the property than thought earlier, the company said.

Chile's Codelco inks deal on Ecuador copper project

The project could become the first mine Codelco operates abroad.

Lundin Gold eyes growth after mine in Ecuador built

“We want to grow to be an at least 1-million-ounce-a-year producer with three to four operations,” said Chief Executive Ron Hochstein at PDAC.

Billionaire Lundin chases base-metal buy with $3 billion budget

Copper ‘might be the easiest asset to work with:’ Lukas Lundin.

Australia's top gold miner boosts bets on Ecuador's riches

Newcrest to invest $250 million to take stake in Lundin Gold.