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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: WalterWhite who wrote (63114)	1/27/2009 3:24:35 PM
From: pocotrader	Respond to of 78416

Ecuador gives final approval to mining bill 01.26.09, 08:35 PM EST Ecuadorean lawmakers have passed a bill to create large-scale mining projects in the country - for a second time but with minor changes. The legislature first passed the bill on Jan. 12, but President Rafael Correa partially vetoed it a week later because of what he said was a language error The law will go into effect when it is published in the country's official register. The government says it will open the door to a potentially lucrative and traditionally underdeveloped industry in the small Andean nation. Environmental and Indian rights organizations say it could damage the environment and infringe on human rights. In April 2008, Ecuador turned over 3,100 of 4,112 active mining concessions to the government.