In Ecuador, gov’t sees mining as the future. But communities are divided
At the beginning of March, President Daniel Noboa travelled to Canada to join the annual conference of the Prospectors and Developers Association of Canada (PDAC), the world’s largest mining convention.
With more than half of global mining companies based in Canada and 15 of them currently developing projects in Ecuador, PDAC represented a juicy opportunity for drawing more foreign financing.
“Mining attracted over $4bn investment, so I define its role as a crucial driver for the economy, benefitting the country through job creation, income for communities, local governments and the state,” said Noboa in front of representatives of the major companies.
Ecuador and general reseach., page-507
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