…will be an interesting day for mining there, because according to today’s reports that’s the limit date for Ecuador’s government to release details of its new mining contract with producers (the whole shebang we told subscribers about last Sunday and noted on the blog Monday evening). In other words, Ecuador’s suited people have until Friday latest to tell us what kind of royalty, windfall tax and etc type things they propose for the sector.
The same report has the President of Ecuador’s Chmber of Mining Commerce very happy about recent developments.
It’s Dynasty time. At last.