Ecuador Mining News

Lumina extends Gran Bestia in Ecuador

The company has drilled its longest continuous section of mineralization at its Gran Bestia copper-gold deposit,

SolGold scores again at Cascabel project

The miner has found further mineralization at its Cascabel copper-gold project. Cascabel is believed to have the potential to become one of the largest copper-gold assets ever discovered.

How countries are getting tougher with mining companies

A mix of political populism, higher commodity prices and the expectation electrification will spur demand for raw materials has led governments to change the rules for miners operating in their countries.

BHP steps up efforts to win battle for Ecuador’s copper riches

The world’s largest miner has signed an earn-in and joint venture deal with Canada’s Luminex Resources over the Tarqui copper project.

'Radical’ foes, red tape lob doubt into Ecuador mining quest

Ecuador has tethered its economic fortunes to a burgeoning mining industry. Now it just needs to get bureaucrats and community leaders on board.

Chile's Codelco to ink copper deal with Ecuador-controlled miner

The 982-million-tonne Llurimagua copper project is located in the Imbabura Province, about 80 km northeast of Ecuador's capital of Quito.

Titan Minerals and Core Gold merge and create Latin America-focused company

The miners signed a binding arrangement pursuant to which Titan will acquire all of the issued and outstanding Core Gold common shares by way of a share exchange.

Lundin Gold to step up exploration in Ecuador after securing $30m in financing

A syndicate of underwriters, co-led by GMP Securities and BMO Capital Markets, had agreed on a bought deal basis to buy 7.5 million shares at C$5.40 each.

Newcrest ups stake in Ecuador with Cornerstone deal

Australia’s largest gold producer has signed an option and farm-in agreement with Toronto-listed Cornerstone Capital Resources over two early stage projects in Ecuador.

SolGold seeks support from Cornerstone's shareholders in bid for Ecuador project

SolGold is frustrated at the rejection of its planned bid for Canadian firm Cornerstone, which holds 15% of the Cascabel copper-gold project in Ecuador.

SolGold wants to tighten grip on Ecuador project, buy out minority shareholder

Miner has unveiled plans to make an all-share offer for Cornerstone Capital Resources, a Canadian firm that has a 15% interest in SolGold's coveted Cascabel copper-gold project.

Initial drilling at Gran Bestia boosts Lumina Gold’s Cangrejos project

Five holes previously drilled by Newmont Mining confirm the existence of a satellite deposit not included in the current NI 43-101.

Mining the Americas in 2019 — a forecast

Canada's cobalt sector and Ecuador's budding mining sector for copper and gold will be investment hot spots.

Argentina set to join global mining transparency initiative

The global initiative requires member countries to disclose how they allocate licences and how much they receive from the companies in tax, royalties and other contributions.

Lundin kicks off underground work at flagship Fruta del Norte project

Ecuador’s largest underground gold and silver mine is on track to begin production before the end of the year.

Ecuador’s rising opposition to mining may thwart exploration boom

As mining projects face headwinds from rising tensions, investors' courage will be tested, says Fitch Solutions Macro Research, which could hinder Ecuador’s plan to attract $4 billion to the sector by 2021.

SolGold begins 2019 strong on new mineralization at Ecuador project

Company has discovered a new copper and gold mineralization at its Porvenir project, located in southern Ecuador.

Australia's top gold miner boosts bet on Ecuador copper project

Newcrest Mining has upped its holdings in Ecuador-focused explorer SolGold to 15.33% from 13.83%, nudging further ahead of the company's second biggest shareholder BHP.

Indigenous rights 'invisible' as Ecuador pushes mining, oil projects: U.N.

Days before Tauli-Corpuz arrived in Ecuador, indigenous groups and about 2,000 protesters marched in the capital Quito and handed the national assembly a proposed law that would ban large metal-mining projects.

Aurania discovers high grade silver-zinc-lead at Ecuador gold project

By market close on Friday, Aurania Resources' stock was up 6%. 

SolGold CEO excited by prospects for Ecuadorian copper-gold

SolGold said that its Alpala project in Ecuador's Cascabel region was around double the size and grade quality it was known to be in December 2017.

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.