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Mining / Perspectives

"Today a mining project is much more than a technical challenge, it's also political and social"

Ian Harris

Gerente
Ecuacorriente


Today, after nearly 18 months of suspension, activity in the Ecuadorian mining sector has begun to pick up again under the framework laid out in the new mining code, for which President Rafael Correa recently signed a mining law regulation. In early November Vancouver's Corriente Resources (TSX: CTQ), which has subsidiary Ecuacorriente in the country, received a formal notice from the government allowing the company to resume exploration at its copper projects, which had been suspended sinc

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"Looking 5-8 years ahead, I'd expect that we'd be producing... at least a quarter million ounces a year"


Courtney Chamberlain

Executive chairman
Minera IRL

November 13, 2009

a-based Minera IRL is moving ahead with a vision of gold-focused expansion in Latin America. The company put its Corihuarmi mine in Peru into production in March 2008, and has since stepped up plans to extend the mine life by acquiring nearby prospects. A more No permission

"There have been substantial violations of the Canada-Venezuela bilateral investment treaty"


Douglas Belanger

President
Gold Reserve

November 06, 2009

er years of disputes with the Venezuelan government while attempting to develop the Brisas deposit in the country without success, Spokane-based Gold Reserve has finally made good on its many threats to take the case to an international court. On October more No permission

Weekly Wrap|Perspectives

Published: Friday, November 20, 2009

Based on the findings of a study released Wednesday on water usage in domestic mining by Chile's state copper commission Cochilco, mining minister Santiago González said that if companies do not start searching for alternative water sources now, it is highly likely there will not be enough resources for all the red metal projects slated to begin between now and 2020.

"There is no doubt that this is a serious problem," González said during a Santiago press conference. "There's no point in carrying out projects if we don't have the necessary water resources to develop them in the years to come."

González added that desalination, like that being carried out by copper miner Escondida, 57.5%-owned by BHP Billiton, or direct use of seawater, such as the case of Antofagasta Minerals' Esperanza copper project, are the two best alternatives today to relying on natural aquifers that are drying up due to overuse.

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Coming Up

  • November  26, 2009

    Thanksgiving Day, US markets closed. - Regional

  • November  29, 2009

    Presidential run-off election. - Uruguay

  • November  29, 2009

    Presidential elections. - Honduras

  • November  30, 2009

    Deadline for Apogee Minerals to submit study to state miner Comibol regarding the Pulacayo silver-zinc-lead deposit as required under Apogee's JV with Golden Minerals and the Pulacayo cooperative, a local miners group. - Bolivia

  • December  06, 2009

    General elections. - Bolivia