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Southern Ecuador’s Cuenca bans large-scale mining

Posted by ipso facto @ 10:53 on February 22, 2021  

Residents of the Southern Ecuador’s city of Cuenca have voted in favour of banning future large-scale mining activities in five nearby watershed zones – an area that stretches over 3,100 square km (1,197 square miles) and is home to more than 580,000 people.

The poll results represent a win for Cuenca, in the province of Azuay, which hosts several mining assets, including Chinese-owned Junefield’s Rio Blanco gold project, SolGold’s (LON, TSX:SOLG) Sharug and Canada’s INV Metals’ (TSX-V: INV) Loma Larga gold-silver-copper project.

Southern Ecuador’s Cuenca bans large-scale mining

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.