Today is one of the most important days for the Ecuadorian mining industry in recent years. The President of the Republic, Mr. Guillermo Lasso Mendoza, in an official meeting with some representatives of private mining companies, has announced the Executive Decree Nº 151 with the Mining Policy of Ecuador. The document defines the new public policy that the Government of Ecuador will implement for the mining industry, including relevant axes such as the fight against illegal mining, respect for the rule of law for all investors and the promotion of best environmental and social practices. The new Mining Policy includes clear principles of respect for mining rights that coincide with the desire of Mr. Lasso’s government to create a favorable environment for new investment and exports in the mining industry.
Download the Executive Decree Nº 151 (New Mining Policy).