Ecuador Mining Industry to Grow Eightfold by 2021

by | Apr 20, 2017 | General | 0 comments

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

Mariusz Skonieczny is the founder of Classic Value Investors.