Fuel subsidies protest extension of production restrictions at Ecuador's largest copper mine

Published: Oct 14, 2019 10:32

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Protests across Ecuador to end government fuel subsidies have continued, and the Mirador copper mine in Ecuador has begun to restrict production.

SMM10, 14 Jun: at present, protests across Ecuador to end government fuel subsidies have continued, and affected by the protests, the Mirador copper mine in Ecuador has begun to restrict production.

The Mirador project began operation in July and is jointly invested by Tongling Nonferrous Metals Group Co., Ltd. and China Railway Construction Co., Ltd. The company says copper operations will resume after the situation stabilizes. The copper ore produces 62000 metal tons of copper per year.

At present, the copper mine has proven copper reserves of 660 million tons and contains gold and silver deposits. In the initial stage of production, the daily output of copper ore will reach 400 tons. The mine was previously considered by the industry to be one of the largest undeveloped copper mines in the world.

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