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Ecuador’s first major copper mine to debut in 2018 – Argus

Date: Jun 28, 2016

Quito, 27 June (Argus) — Chinese firm Ecuacorriente plans to start production at Mirador, Ecuador’s second largest known copper deposit, by 2018. The mine will reach its full potential by 2020 with a projected output of some 30,000 t/d of copper concentrate, mining minister Javier Cordova told Argus. Ecuacorriente has a 25-year concession for Mirador. The company is a subsidiary of Corriente Resources, which in turn is controlled by a 70:30 joint venture between China’s state-owned Tongling Non-ferrous Metals Group Holdings and state-owned China Railway Construction. Read More>>>