Aurelian Resources Was Stolen By Kinross and Management But Will Not Be Forgotten

The company whose shareholders were better than its management

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Message: More pushing for speedy retraction

More pushing for speedy retraction

posted on Apr 30, 2008 07:07PM
Problems miners government
4/30/2008
By Journal Editorial El Comercio

The prelude to the pre-installation of the Constituent in the field of mining-theme was a constant confrontation and sometimes, through facts, among supporters of the farm sectors and environmentalists who are the main promoters of the opposition to process.

This scenario was moved inside the Constituent Assembly, in which, after many disagreements, most Country Agreement reached on how existing mandate, but with clear signs that do not represent the will of the Government, that this matter is supporter of the exploration and exploitation controlled, for this reason not finished issuing the mandate, and the Ministry of Energy and Mines summoned the players to develop a bill that achieves mining alleviate the effects of the product component and regulating-hopefully a definitive reality-mining of Ecuador, who must find a middle ground and productive environment. In short, holding to ensure economic and social benefits, as well as guaranteeing security of the ecosystem.

Surprising, to say the least, what happened. In almost one and a half years, the government and his political party have lacked a project in this sensitive but important area for the country's economic future; only well understood precipitation constituent issue the mandate miner, without agreement with the Government and without a minimum consensus with the actors communal, productive and environmentalists.

Therefore, it seems that the Government rushes to develop a law that falls in drafting the new constitution and ease the effects radicales mandate. Thus, it is possible to achieve stop the shutdowns of the processes of exploration highly profitable, the effects of unemployment, injury linked to some communities and international demands for change of contractual rules.

The legal tangle over-mining constitutional mandate, a new Constitution and law-mining must be resolved expeditiously in the coming months, otherwise, the retraction or cessation of this activity will be enormous responsibility of the current regime.


GRUPO EL COMERCIO CA Copyright 2001-2008 ? trade group Cadiz
Reproduction in whole or part of this content without authorization Diario El Comercio
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