SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (58534)4/17/2008 7:44:53 PM
From: Rocket Red  Respond to of 78406
 
i guess we see



To: marcos who wrote (58534)4/17/2008 7:45:07 PM
From: Rocket Red  Read Replies (1) | Respond to of 78406
 
Our goal in development planning is to take FDN into production as quickly as possible," says Patrick F.N. Anderson, President and CEO. "In our weekly discussions with the Ministry of Mines and Petroleum, we are making good progress on another important component of our development plan - a stability agreement for FDN. We anticipate finalizing the agreement by March or April, with the government having complementary new mining laws in place in Ecuador shortly thereafter. We believe that President Correa's strong support for responsible mining will carry the day."



To: marcos who wrote (58534)4/17/2008 7:50:36 PM
From: Rocket Red  Read Replies (1) | Respond to of 78406
 
April 17 (Bloomberg) -- Ecuador may suspend some mining in the country for 180 days and take away some companies' concessions while a new law to regulate the industry is prepared, President Rafael Correa told reporters.

MAY Suspend

Correa would be so stupid in hurting his own people as all projects would surely be shut down if they suspended for 6 months.



To: marcos who wrote (58534)4/17/2008 10:05:38 PM
From: Proud Deplorable  Respond to of 78406
 
Looks like a riot is staged for tomorrow. There are 70,000 jobs and potential jobs at stake here and who knows how many people will turn out tomorrow at the Palacio? I'll be there wearing a black bandanna and yielding a burning effigy of Acosta and Soto. The Chamber of Mines is quite pissed off it would appear