Ecuador Political News

Reuters – Ecuador set to sign $3bn mining contracts

Published

November 23, 2011

Ecuador preparing to move forward with agreements on natural resource development:

Ecuador is close to signing contracts with Kinross and Ecuacorriente for two large mining projects with investment of $3 billion, a senior mining official said on Tuesday.

Leftist Ecuadorean President Rafael Correa has had a tumultuous relationship with foreign investors since first taking office in 2007, revising oil contracts to better favor the government and defaulting on the nation’s debt.

In this article:Oil in Ecuador, Rafael Correa

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The Amazon Post ·
@AmazonPost

#Factsmatter: An international arbitration panel found ‘no cogent evidence’ supporting #Ecuador’s claim that #Texaco failed to comply with terms of remediation in #Amazon. https://t.co/7TqQ6sJhik

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The Amazon Post ·
@AmazonPost

The @WSJ sums this case up nicely, “[Steven Donziger] and his team fabricated evidence, promised $500,000 to an #Ecuadorean judge to rule in their favor, ghostwrote much of the final verdict and took other actions that ‘perverted’ the course of #justice. Mr. Donziger disputes the… https://t.co/soQ1qreULA

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The Amazon Post ·
@AmazonPost

Shameless. Disbarred and convicted of criminal contempt of court for bribing an Ecuadorian judge in an attempted extortion scheme, @SDonziger is nonetheless accepting invitations to speak at #climate rallies. Read more about this adjudicated racketeer: https://t.co/5eac0lRmN7

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The Amazon Post ·
@AmazonPost

Sworn testimony: While Texaco met its environmental obligations in the Amazon, #Ecuador’s national oil company did “absolutely nothing” to address its own remediation in the area. #FactsMatter:
https://t.co/7TqQ6sJhik

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The Amazon Post ·
@AmazonPost

DENIED: @SCOTUS rejects hearing case of Steven Donziger, who bribed Ecuadorian judge in failed effort to bilk Chevron for billions of dollars. https://t.co/zT0dlozk5R

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