Ecuador Mining Industry to Grow Eightfold by 2021

Ecuador, until recently only known by its oil resources, will continue to attract investors to its mining sector, with the value of the dawning industry set to jump from $1.1 billion this year to $7.9 billion in 2021, a new report shows.

According to BMI Research, the nation will increasingly emerge as a mining investment hot spot in Latin America thanks to a combination of revised regulatory framework, significant gold and copper reserves, and a policy of “inclusive agenda of development” expected to be carried over by the incoming President Lenin Moreno.

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About Mariusz Skonieczny 60 Articles
Mariusz Skonieczny is the founder of Classic Value Investors.