Ecuador's Mirador copper mine expansion plan nearly approved
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Update time : 2024-06-25 15:31:10
The Ecuadorian government recently announced that the expansion plan of the Mirador copper mine in Zamora-Chinchipe Province in the southeast of the country has entered the final approval stage.
The Mirador copper mine has an estimated reserve of 3.2 million tons and has huge development potential. The mine is located in Zamora-Chinchipe Province in southeastern Ecuador, with a superior geographical location and convenient transportation.
The expansion of the Mirador copper mine, also known as the Phase II project, is of great significance to Ecuador. It will not only increase local copper production and export revenue but also promote local employment and economic development
In addition, the mine also has rich associated resources, such as precious metals such as gold and silver, which further increases its economic value. It will also further consolidate Ecuador's position in the global copper market. The project is expected to formally sign the expansion plan in about four weeks, or at the latest by August.
