Ecuador’s budding mining industry sees a way through the violent mayhem sweeping the country, with operating mines and development projects expected to carry on as planned after stepping up security measures.
Mines owned by Lundin Gold and China’s Tongling Nonferrous Metals Group continue to churn out gold and copper at normal rates even as residents hunker down at home in a war on drug gangs declared by President Daniel Noboa, said mining chamber boss Maria Eulalia Silva. Projects being developed by Adventus Mining and Dundee Precious Metals are set to receive $1-billion as they near production.
