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INV Metals Inc. T.INV

INV Metals Inc is a Canadian mineral resource company focused on the acquisition, development, and exploration of precious and base metal projects primarily located in Ecuador. The company manages its business and exploration activities through geographical regions - Canada, Ecuador, Namibia, and Barbados. It generates most of its revenues from the Ecuador region.


TSX:INV - Post by User

Post by AlfTanneron Mar 08, 2021 10:52am
130 Views
Post# 32742840

Mention in El Universo

Mention in El Universohttps://www.eluniverso.com/noticias/economia/mineria-cobre-precio-al-alza-ministerio-de-energia-mirador-camara-de-mineria-marzo-2021-nota/

Reactivation, construction and clean energy leverage the world price of copper; Ecuador sees an opportunity
 
The Ministry of Energy analyzes three possible scenarios for the price of copper. The optimist places it at $ 4.60 a pound.
 
March 8, 2021

[snip]

For Ecuador, having a valuable mining resource, Silva [executive president of the Ecuadorian Chamber of Mining] says, is an opportunity that must be seized. He explained that we have two large-scale mines (Fruta del Norte, gold; and Mirador, copper) producing in the south of the country. Mirador, with 3.12 million tons of copper, already exploits the mineral and exports copper concentrate. Additionally, there are second-generation mines that are also copper producing and that can generate income.

[snip]

In the coming years, the country will have new world-class mines that will produce more copper concentrate, such as Loma Larga (Azuay), which projects its production start in 2023; also Cascabel and Llurimagua, both located in Imbabura, says the Ministry.
 
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