Mining Country with Potential - Ecuador
Between the mining countries of Colombia and Peru, Ecuador is located and stretches from the Pacific coast to the High Andes. The country possesses quite a few raw materials. Many areas are still unexplored or hardly explored. Another advantage of Ecuador is the support of mining companies by the government. This is because mining can promote the economic development of Ecuador. And so, there are tax incentives and favorable legislation. In addition, since the year 2000 the currency conversion has been done in US dollars.
Ecuador has also recognized that a functioning infrastructure is also important for attracting mining companies to the country. A comparatively modern port and highway system and the nearby Panama Canal are advantageous in this regard. The relatively low wage and energy costs are also an advantage.
One company that operates mining operations 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 southeastern Ecuador.
Adventus Mining - https://www.youtube.com/watch?v=Ehyegui1eHk&t=8s - is also focusing on gold and copper projects in Ecuador. Adventus Mining is pursuing the Curipamba, Pijiili and Santiago projects with its partner Salazar Resources. The company is also engaged in exploration projects in Ireland.
Recent company information and press releases from Aurania Resources (www.resource-capital.ch/en/companies/aurania-resources-ltd/) and Adventus Mining (https://www.resource-capital.ch/en/companies/adventus-mining-corp/).
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