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To: philv who wrote (112766)4/27/2008 11:12:15 AM
From: Rocket Red  Read Replies (1) | Respond to of 312358
 
Yes that too



To: philv who wrote (112766)4/27/2008 1:44:27 PM
From: Rocket Red  Read Replies (2) | Respond to of 312358
 
Some mining companies saw their stock prices rise on Friday after meeting with Correa who said his government would back projects that comply with new environmental controls and share more of their revenues with the state.

"For their (companies') benefit, to lower the social conflict ... to have clear rules of the game and have national consensus the mining decree was needed," Correa said during the radio show. "We will try to have a new legal framework ready as soon as possible... We welcome foreign investment."

He also said the government will protect the properties and installations of mining firms from any invasions by protesters.