Ann: Bramaderos and Viscaria Update, page-4

I'm a bit surprised at the recent sell down. I understand people are becoming risk averse, but gold looks set to shine in  the new macro-environment.

The new Environmental Minister seems very capable, so hopefully we'll get movement soon.

Translation from Bing Translator

Marcelo Mata, nuevo ministro del Ambiente, tiene experiencia en el sector petrolero

Marcelo Mata, new Environment Minister, has experience in the oil sector

The appointment of Marcelo Mata Guerrero as new Minister of the environment was one of seven changes in the Cabinet that President Lenín Moreno made official today, Monday, December 3, 2018. Mata assumed this position after the resignation of Humberto Cholango to his assignment in this institution. The new Minister of the environment has worked as an environmental consultant and is currently Chairman Ejecutivo of TM-Consulting Partners and Mata & Partners Law Firm. Mata, of 41 years, has had experience in oil companies and the Ministry of mines and petroleum (currently Ministry of energy and non-renewable natural resources).

According to the National Secretariat of communication, since until this 2018 September 2010 he served as responsible for environment, safety, occupational health and quality in Repsol Ecuador S.A. Before he was Advisor to the Vice President-environmental and Social of Petroecuador in 2008. He served in the Ministry of mines and petroleum as: National Director of environmental protection "hydrocarbon" between the years 2006-2007; Coordinator of community relations of the national direction of environmental protection and Social participation; Advisory Legal specializing in environment, mines and oils of the legal assistant. In his professional experience, it also highlights their participation on behalf of the country in the Forum of cooperation for Latin America and East Asia on the mechanisms of clean development and renewable energy, which was developed in Japan in 2007. He was also President of the qualifications Committee of environmental consultants and President of the qualifications Committee of environmental laboratories, both of the Ministry of mines and oil. Mata studied his career in the Pontifical University Catholic of the Ecuador, at the Luis Vargas Torres University of Esmeraldas and is currently pursuing a master's degree in environmental management.

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