Ecuador to launch security program for mining projects

Mining projects have faced attacks and invasions by illegal miners or have had their access blocked.

The Mirador copper mine operated by EcuaCorriente and Fruta del Norte by Lundin Gold are Ecuador’s only large operating mines. However, some $11 billion in investments is expected for the mining industry in the next few years.

Ecuador expects to generate over $4 billion in annual mining exports by 2025, its mines and energy ministry said on Friday, estimating the industry could become the South American nation’s third best-selling sector for shipments abroad.