LatinNews Daily - 22 November 2021

In brief: Ecuador secures US$465m in mining investment

* Ecuador’s President Guillermo Lasso has signed investment contracts with two mining companies, amounting to US$465.6m. The investments were secured during the ‘Ecuador Open for Business 2021’ investors’ forum, during which the government presented a portfolio of 50 investment projects. The Australia-headquartered company SolGold signed a US$430m contract to mine gold and copper at the Cascabel concession (Imbabura province) for a period of 15 years. Canada-headquartered Lumina Gold also signed a US$35.6m contract to mine copper and gold at the Cangrejos concession (El Oro), for a period of 25 years.

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