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Ecuador to sign $1.4 billion copper contract but Kinross gold project stalled

Cecilia Jamasmie | March 02, 2012 | 3:53 pm Base Metals Precious Metals Europe Latin America Copper Gold 

Chinese-owned mining company Ecuacorriente has signed a contract to invest $1.4 billion over five years for extracting copper in Ecuador's southern Amazon, reports local newspaper La Republica. Nonrenewable Resource Minister Wilson Pastor touts Thursday's agreement as the first in a...

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