Ecuador Mining News

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.

Lundin Gold to start building Ecuador's largest underground mine

Fruta del Norte is expected to produce 340koz of gold per year over 13 years.

Solgold maiden resource at Alpala, Ecuador is 5.2m tonnes copper

And 12.3m contained ounces of gold.

Solgold shares surge on latest drilling at giant Ecuador copper project

Brisbane-based company promised maiden resource for Cascabel copper-gold porphyry on the Andean belt before the end of the year.

Ecuador expects $1 billion in mining revenues for 2018

Back in September, the expectation for 2018 was of $488 million in revenues from industrial mining.

SolGold on a roll in Ecuador with finds at Timbara, Porvenir projects

The Ecuador-focused miner said it has discovered "promising" new copper prospects at the Porvenir and Timbara projects, with rock chip samples graded up to 4.27% copper.

Outotec to deliver gold processing technology to Fruta Del Norte in Ecuador

Outotec has been awarded an order for the delivery of minerals processing technology packages by Lundin Gold for their greenfield project Fruta Del Norte in Ecuador.

SolGold on a roll in Ecuador, extends mineralization at Cascabel

The Cascabel project is located in the northern portion of the Andean copper belt in Ecuador, renowned for hosting almost half the world’s copper known reserves.

SolGold up on Ecuador project results, Canada listing

Having climbed almost 64% since the start of the year, investor sentiment towards SolGold appears to be quite positive.

SolGold soars after raising more than $41 million via share placing

The placing is at a 15% premium to SolGold's closing price on Thursday and at a 12% discount to its peak share price of 46.75p on May 26.