Empresa Minera Mariscal Sucre project was born of a binational Ecuador-Venezuela.
Thursday, March 25th, 2010 14:01 SD Presidency of the Republic. Quito (Pichincha) .- The Deputy Minister of Mines, Luis Bustamante, announced that tomorrow he will sign a binational Ecuador, Venezuela, in mining matters. This is creating a company that will have capital of both nations.

This was confirmed by the official, who clarified that both the National Mining Company, as the Deputy Minister of the Department, are putting the final details of this new startup business to be named National Mining Company "Mariscal Sucre", with assets rising a hundred thousand dollars (51% for GNA and 49% for the Venezuelan side).

This company, which will be born tomorrow in connection with the visit of Venezuelan President Hugo Chávez to Ecuador, will be responsible for exploration processes. At first, (and sand in alluvial gold and phosphates in Sucumbios Esmeraldas).

"With this partnership, we will define air of interest that are economically viable," he said.

It is estimated that Ecuador and Venezuela make up three companies to develop projects related to mining, fishing and agriculture, as part of economic integration between the two countries, said Foreign Minister Ricardo Patino. / SD Presidential Press

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