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- Mining_in_Ecuador abstract "Mining had a very small impact on the Ecuadorian economy back in the 1980s, contributing only 0.7 percent to the GDP in 1986 and employing around 7,000 people. Minerals were located in regions with little to no access, thus exploration activities were hindered. Although it was believed that Ecuador had reserves of gold, silver, copper, zinc, uranium, lead, sulfur, kaolin and limestone,the latter practically dominated the industry as it was used in local cement plants.Gold, which was largely forgotten since its early exploitation in the sixteenth century, regained momentum in the 1980s. Ecuador were exporting 2.4 tons per year by 1987, which was mostly discovered in the southern Sierra region, as well as the southeastern province of Zamora-Chinchipe.In 1985 Ecuador's Congress passed a new law to encourage foreign exploration and investment. Designed to simplify regulation of the industry, the legislation offered higher financial incentives and lower taxation for investors, while also establishing the Ecuadorian Institute of Minerals (Instituto Ecuatoriano de Minería—Inemin) under the Ministry of Energy and Mines.Policies during President Rafael Correa's first six years in office slowed mining activity, despite his plans to develop the industry. According to the United Nations, in 2012 Ecuador received less foreign direct investment per person than any other country in Latin America. A new mining law was eventually passed by Congress on 13 June 2013, making Ecuador much more lucrative for foreign investors. \"The new law imposes an 8% ceiling on previously open-ended royalties, and streamlines the permits required. Companies won’t pay windfall taxes until they have recouped their investments.\"Soon after the law had passed, it was reported that several indigenous groups in opposition of large-scale mining planned to take their cases to the international courts later in the year. Led by Carlos Perez, Ecuador's Confederation of Peoples of Kichwa Nationality (Ecuarunari) had already filed a domestic lawsuit. Perez said, \"Mining activity affects our ancestral territories. We will do everything to defend our land and our people. We will go to the Human Rights Commission and, if necessary, to the Inter-American Court of Human Rights, asking for protective measures.\" The Confederation of Indigenous Nationalities (Conaie) \"also filed a suit before the constitutional court asking for a law to carry out prelegislative consultation for people that could be affected by mining.\" Their president, Humberto Cholango, didn't rule out going to the international courts.".
- Mining_in_Ecuador wikiPageID "22025331".
- Mining_in_Ecuador wikiPageLength "6138".
- Mining_in_Ecuador wikiPageOutDegree "26".
- Mining_in_Ecuador wikiPageRevisionID "675571335".
- Mining_in_Ecuador wikiPageWikiLink Category:Economy_of_Ecuador.
- Mining_in_Ecuador wikiPageWikiLink Category:Environment_of_Ecuador.
- Mining_in_Ecuador wikiPageWikiLink Copper.
- Mining_in_Ecuador wikiPageWikiLink Economy_of_Ecuador.
- Mining_in_Ecuador wikiPageWikiLink Gold.
- Mining_in_Ecuador wikiPageWikiLink Gross_domestic_product.
- Mining_in_Ecuador wikiPageWikiLink Human_rights_commission.
- Mining_in_Ecuador wikiPageWikiLink Indigenous_peoples_in_Ecuador.
- Mining_in_Ecuador wikiPageWikiLink Inter-American_Court_of_Human_Rights.
- Mining_in_Ecuador wikiPageWikiLink Kaolinite.
- Mining_in_Ecuador wikiPageWikiLink Kinross_Gold.
- Mining_in_Ecuador wikiPageWikiLink Lead.
- Mining_in_Ecuador wikiPageWikiLink Limestone.
- Mining_in_Ecuador wikiPageWikiLink Macará.
- Mining_in_Ecuador wikiPageWikiLink Mining.
- Mining_in_Ecuador wikiPageWikiLink National_Congress_(Ecuador).
- Mining_in_Ecuador wikiPageWikiLink Newmont_Mining_Corporation.
- Mining_in_Ecuador wikiPageWikiLink Rafael_Correa.
- Mining_in_Ecuador wikiPageWikiLink Silver.
- Mining_in_Ecuador wikiPageWikiLink SolGold.
- Mining_in_Ecuador wikiPageWikiLink Sulfur.
- Mining_in_Ecuador wikiPageWikiLink United_Nations.
- Mining_in_Ecuador wikiPageWikiLink Uranium.
- Mining_in_Ecuador wikiPageWikiLink Zamora-Chinchipe_Province.
- Mining_in_Ecuador wikiPageWikiLink Zinc.
- Mining_in_Ecuador wikiPageWikiLinkText "Mining in Ecuador".
- Mining_in_Ecuador wikiPageWikiLinkText "mines".
- Mining_in_Ecuador wikiPageUsesTemplate Template:Economy_of_Ecuador.
- Mining_in_Ecuador wikiPageUsesTemplate Template:Reflist.
- Mining_in_Ecuador wikiPageUsesTemplate Template:South_America_topic.
- Mining_in_Ecuador subject Category:Economy_of_Ecuador.
- Mining_in_Ecuador subject Category:Environment_of_Ecuador.
- Mining_in_Ecuador type Economy.
- Mining_in_Ecuador type Source.
- Mining_in_Ecuador comment "Mining had a very small impact on the Ecuadorian economy back in the 1980s, contributing only 0.7 percent to the GDP in 1986 and employing around 7,000 people. Minerals were located in regions with little to no access, thus exploration activities were hindered.".
- Mining_in_Ecuador label "Mining in Ecuador".
- Mining_in_Ecuador sameAs Q6865566.
- Mining_in_Ecuador sameAs Q6865566.
- Mining_in_Ecuador wasDerivedFrom Mining_in_Ecuador?oldid=675571335.
- Mining_in_Ecuador isPrimaryTopicOf Mining_in_Ecuador.