The sale of mining products, such as gold, silver, copper and lead, ranked first among non-traditional exports from Ecuador in 2021
The sale of mining products, such as gold, silver, copper and lead, ranked first among non-traditional exports from Ecuador in 2021, according to figures from the Central Bank of Ecuador (BCE). Between January and October of last year, mining products totaled $ 1,194,555, 85% more compared to the same period in 2020.
Timeline of highlights in 2021
From january to december
1. In 2021, a study prepared by Lundin Gold revealed that between 2015 and 2019 Yantzaza was the canton where formal employment grew the most, thanks to the contribution of the mining industry.
2. So far, 162,000 plants have been planted on 100 hectares in the province of Imbabura as part of the SolGold company’s “1 million plants” reforestation program, the objective of which is to restore and rehabilitate wooded areas.
April
3. According to the Internal Revenue Service (SRI), Zamora Chinchipe is the province with the highest economic performance in the country, experiencing a 491% increase in sales in the first four months of 2021.
Mayo
4. The companies Lundin Gold, SolGold and Newcrest donated 136 medical equipment to the Yantzaza Basic Hospital for the implementation of the first Intensive Care Unit (ICU) in Zamora Chinchipe. The investment exceeded one million dollars and benefits 76,600 inhabitants.
June
5. Solaris Resources, a company affiliated with the Ecuadorian Chamber of Mining, promotes gender equality through a scholarship program in which they awarded six university grants to women from different parts of the country for careers related to the sector.
July
6. The Canadian company Dundee Precious Metals (DPM), recognized for its leadership in innovation, social progress and environmental care, acquired the Loma Larga project, in the province of Azuay.
August
7. The Action Plan for the mining sector is established through Presidential Decree 151, which promotes policies of efficiency, effectiveness, transparency, environmental and social responsibility.
September
8. According to data from the Internal Revenue Service (SRI), the taxes paid by the mining sector grew by 97% between 2020 and 2021 (January-November period).
October
9. The mining sector donated 3 million syringes in support of the National Government’s vaccination plan, these supplies were distributed throughout the country.
November
10. Fruta del Norte, the first industrial gold mine in Ecuador, completed two years of production.
11. The president of Ecuador, Guillermo Lasso, signed two investment contracts of $ 465.6 million with the companies SolGold and Lumina for the development of the Cangrejos and Cascabel projects.
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