Ecometals in MRNNR presentationThere is a new bulletin on the MRNNR web site
https://www.mrnnr.gob.ec/index.php?option=com_content&view=article&id=1118%3Aministro-pastor-expuso-los-proyectos-en-foro-minero-del-ecuador&catid=3%3Anewsflash&Itemid=133&lang=es which is essentially a mirror or the El Ciudadano version printed below. The difference is the MRNNR version carries a 5.71MB PowerPoint presentation, approx. 30 pages, which includes legal and regulatory, lists the "second generation" of mining projects, a few plates of tax/royalty comparisons and other topics. Ecometals is listed among the "segunda generacion de proyectos," citing their Rio Zarza and Valle de Tigre gold projects as potential future strategic projects like the ones currently under negotiation.
These are direct links to the ppt download:
Click aquí para descargar presentación "Política y Proyectos Mineros"
https://www.mrnnr.gob.ec/index.php?option=com_docman&task=doc_download&gid=1015&Itemid=50&lang=es
It is in Spanish.
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El Ciudadano version of the intro. article, link and translation (thank you merlin991 for the translation):
https://www.elciudadano.gov.ec/index.php?option=com_content&view=article&id=26243:diez-zonas-del-pais-mineras-iran-a-concesion-por-subasta-y-remate-a-fines-de-este-ano&catid=3:economia&Itemid=44
Spanish to English translation
An investment of $ 5150 million is expected the authorities of Ecuador for the next five years in as many strategic mining projects. As a first step in the last quarter of this year made the first process of awarding new mining concessions by auction and auction system.
This was announced by Minister of Non-Renewable Natural Resources, Wilson Pastor at the Forum's Mining Ecuador (MIF 2011), which takes place in Quito.
He said that as envisaged in Article 29 of the Mining Act and under the National Development Plan Minero, we selected 10 mining areas of interest, which are concessions through the auction system and auction.
New areas of interest to large-scale exploration are located in the north, center and south, and have reserves of gold, copper, zinc, silver and other minerals.
Pastor Minister also presented 12 other projects that are considered concession junior mining companies, and at one point may add to the now called strategic projects: Fruta del Norte, Mirador, Rio Blanco, and San Carlos Panantza Quimsacocha with whose dealerships Ecuador negotiates first contracts.
That negotiation is advanced with the companies Ecuacorrientes SA, concessionaire of the Mirador project, and the company's San Luis Minerals, the Rio Blanco project.
Shepherd estimated that up to August this year there will be agreement to sign the respective contracts of mining.
He said the negotiation of the first mining contracts intended to encourage exploration and mining industry development, ensuring the state's share in the benefits of exploitation of mineral resources, determine a reasonable return for the investment, reinvest royalties on projects social development in mining areas, and establish clear rules and safe investment.
In his speech, the minister also referred to the mining policy, industry regulation, the state action in the mining, the long-term vision, the Ecuadorian mining sector development, as well as plans and projects in mining sector implemented by the Ministry of Non-Renewable Natural Resources in favor of large-scale mining, small-scale and artisanal miners.
"We see mining as an activity to create conditions for sustainable development locally, regionally and nationally," said Shepherd, who was accompanied by Coordinating Minister of Strategic Industries, Jorge Glas, and Environment Minister Marcela Aguinaga.
To the audience, bringing together entrepreneurs, investors and government authorities, Jorge Glas said that "mining is a strategic sector for national development."