Mining Country with Potential - Ecuador
Ecuador is one of the mining countries that still have a great deal of untapped geological potential
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/).In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into German. Only the English version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. We would like to expressly point out the risks involved in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources that are considered reliable, but does not claim to be correct and complete. Due to court rulings, the contents of linked external pages are also to be answered for (e.g. Landgericht Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these is made. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG
applies additionally: https://www.resource-capital.ch/de/disclaimer-agb/