{"id":234568,"date":"2023-07-27T16:40:43","date_gmt":"2023-07-27T08:40:43","guid":{"rendered":"https:\/\/charltonsnaturalresources.com\/?p=234568"},"modified":"2023-07-27T16:40:49","modified_gmt":"2023-07-27T08:40:49","slug":"ecuador-and-solgold-agree-on-4-9bn-mining-project","status":"publish","type":"post","link":"https:\/\/charltonsnaturalresources.com\/en\/ecuador-and-solgold-agree-on-4-9bn-mining-project\/","title":{"rendered":"Ecuador And Solgold Agree On $4.9bn Mining Project"},"content":{"rendered":"[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;CNR NEWSLETTER&#8221; module_class=&#8221;cnl-wrapper&#8221; _builder_version=&#8221;4.16&#8243; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row admin_label=&#8221;Header&#8221; module_class=&#8221;cnr-nl-header&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Header&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-header\">\n<div class=\"cnl-type\">NATURAL RESOURCES<\/div>\n<div class=\"cnl-issue\">News<\/div>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Logo&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Logo&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-logo\">\n<img decoding=\"async\" src=\"\/legal\/newsletters\/cnl_logo.jpg\" alt=\"Charltons Natural Resources\" \/>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Banner&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Banner&#8221; _builder_version=&#8221;4.21.0&#8243; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<div class=\"cnl-banner\">\n<div class=\"cnl-banner-image\"><img decoding=\"async\" src=\"\/legal\/news\/2023\/07\/ecuador-and-solgold-agree-on-4-9bn-mining-project.jpg\" alt=\"Ecuador And Solgold Agree On $4.9bn Mining Project\" \/><\/div>\n<div class=\"cnl-title\" style=\"background-color:rgba(0,0,0,0.2)\">\n<div>\n<span>July 2023<\/span>\n<h1>Ecuador And Solgold Agree On $4.9bn Mining Project<\/h1>\n\n<\/div>\n\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<p>&nbsp;<\/p>\n<p>Ecuador\u2019s government and Australian mining company SolGold have reached an agreement to develop the underground Cascabel mine, involving an investment of $4.9 billion. Situated in Ecuador\u2019s northern Imbabura province, the mine is expected to generate $35 billion in exports and contribute $8 billion in state taxes and royalties over its projected 26-year operational period. The Cascabel mine, potentially one of the world\u2019s largest reserves for silver, gold, and copper, is set to start construction in 2025 and commence operations in 2030.<\/p>\n\n<p>Source: <a href=\"https:\/\/www.mining.com\/web\/ecuador-solgold-seal-deal-to-launch-nearly-5bn-mining-project\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.mining.com\/web\/ecuador-solgold-seal-deal-to-launch-nearly-5bn-mining-project\/<\/a><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Button Navs&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;navs&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-bott-navs\">\n<div><span><\/span><a href=\"https:\/\/charltonsnaturalresources.com\/en\/anglo-american-marks-42-increase-in-first-half-copper-production\/\" target=\"_self\">Anglo American Marks 42% Increase In First-Half Copper Production<\/a><\/div>\n<div><a href=\"https:\/\/charltonsnaturalresources.com\/en\/us-imposes-sanctions-on-russias-key-copper-producer-ummc\/\" target=\"_self\">US Imposes Sanctions On Russia\u2019s Key Copper Producer UMMC<\/a><span><\/span><\/div>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Legal Advice&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Legal Advice&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-legal-advice\">\n<h3>This newsletter is for information purposes only.<\/h3>\n<p>Its contents do not constitute legal advice and it should not be regarded as a substitute for detailed advice in individual cases.\nTransmission of this information is not intended to create and receipt does not constitute a lawyer-client relationship between Charltons and the user or browser.\nCharltons is not responsible for any third party content which can be accessed through the website.<\/p>\n<p>If you do not wish to receive this newsletter please let us know by emailing us at <a href=\"mailto:unsubscribe@charltonslaw.com\">unsubscribe@charltonslaw.com<\/a><\/p>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row disabled_on=&#8221;on|on|on&#8221; admin_label=&#8221;Footer&#8221; _builder_version=&#8221;4.16&#8243; disabled=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Footer&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-footer\">\n        <div class=\"cnl-footer-award\">\n                <div>\n                       <img decoding=\"async\" src=\"\/legal\/newsletters\/cnl_logo_footer.png\">\n                        <h2>Boutique Transactional Law Firm of the Year 2020<\/h2>\n                        <span>Asian Legal Business Awards<\/span>\n                <\/div>\n        <\/div>        \n<\/div>\n<div class=\"cnl-foot-address\">\n        <div>Hong Kong Office: Dominion Centre, 12th Floor, 43-59 Queen\u2019s Road East, Hong Kong Tel: + (852) 2905 7888 Fax: + (852) 2854 9596<\/div>\n        <div>Website: <a href=\"https:\/\/www.charltonslaw.com\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.charltonslaw.com<\/a><\/div>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]","protected":false},"excerpt":{"rendered":"<p>NATURAL RESOURCES News July 2023 Ecuador And Solgold Agree On $4.9bn Mining Project &nbsp; Ecuador\u2019s government and Australian mining company SolGold have reached an agreement to develop the underground Cascabel mine, involving an investment of $4.9 billion. Situated in Ecuador\u2019s northern Imbabura province, the mine is expected to generate $35 billion in exports and contribute $8 billion in state taxes and royalties over [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":234573,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"fifu_image_url":"https:\/\/charltonsnaturalresources.com\/legal\/news\/2023\/07\/ecuador-and-solgold-agree-on-4-9bn-mining-project.jpg","fifu_image_alt":"Anglo American Marks 42% Increase In First-Half Copper Production","footnotes":""},"categories":[23],"tags":[46],"class_list":["post-234568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-https-charltonsnaturalresources-com-legal-news-2021-08-mineralised-zones-found-in-botswana-thumb-jpg","cat-23-id"],"_links":{"self":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts\/234568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/comments?post=234568"}],"version-history":[{"count":3,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts\/234568\/revisions"}],"predecessor-version":[{"id":234572,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts\/234568\/revisions\/234572"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/media\/234573"}],"wp:attachment":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/media?parent=234568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/categories?post=234568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/tags?post=234568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}