Ecuador’s mining sector shows its muscle at the first major fair after a pandemic

General view of the Bicentennial Convention Center during Expominas and Expo Oil and Powe, this November 24, in Quito (Ecuador).  EFE / José Jácome
General view of the Bicentennial Convention Center during Expominas and Expo Oil and Powe, this November 24, in Quito (Ecuador). EFE / José Jácome

Quito, Nov 24 (EFE) .- The mining and energy sector meet since Wednesday in Quito for their first major fair after the emergence of covid-19, to show the good muscle of an activity that does not has stopped growing in Ecuador during the pandemic.
Under the nomenclature of XIII Expominas and XXI Oil & Power, this three-day mining mega-event analyzes the main challenges of the sector, new exploration and prospecting technologies, policies regarding generally indigenous local communities, and environmental impact, among other issues. .
The XIII Expominas and XXI Oil & Power started in the morning with a panel on Corporate Social Responsibility and Productive Chain in which representatives of the companies Lundin Gold, SolGold, ENAMI EP and Solaris Resources took part.
“We believe that there is an important expectation because it is an event that represents that serious investment will,” Ricardo Obando, local manager of Lowell, a subsidiary of the Solaris mining company in Ecuador, told Efe. Amazon province of Morona Santiago.
The manager recalled the official figures offered by the Government that indicate that the sector “grows exponentially 134% with respect to exports in 2020” and assured that “a favorable environment is felt for investments to reach the country in strategic and industrial sectors such as our”.
Despite the strong opposition generated by environmentalists and indigenous groups to the declared policy of the Executive to bet on mining and double oil production, the Warintza project has the approval of the original Shuar communities.
Through the Warintza strategic alliance, which brings together the Warints and Yawi communities, the Lowell mining company and the State, the copper extraction project has been in the exploration phase for two years.
Vicente Tsalimp Antun, coordinator of the Alianza board of directors, explained to Efe that decisions are made among the members of the communities by mutual agreement and highlighted “the need for transparency for exploration in the territory.”
Regarding the demand of principles recently expressed by the Confederation of Indigenous Nationalities of the Ecuadorian Amazon (Confeniae) to reject extractivism, Antun defends that dialogue and the decisions of the communities must be respected.
“We can stay in a closed world, as indigenous nationalities we can leave resources underground. But we are blessed with them and we have to look for allies to exploit this mining and improve the living conditions of the families that live in the Amazon of Ecuador.” he added.
The social coordinator of the Loma Larga mining project, carried out by the DTM firm, María Teresa Rodríguez, announced in a panel that opened the fair an “alternative view of productive chains from a gender perspective” and underlined the active role of women when supporting mining in various towns in the province of Azuay.
The objective, he indicated, is “to create sustainable and resilient communities, where they are well informed, cohesive, have economic opportunities, accessible and quality basic services, and the ability to manage their natural resources.”
Rural women are among the most affected by poverty in Ecuador, a situation that has worsened since the beginning of the pandemic.
The event brings together representatives of more than 230 companies from nine countries and more than 600 commercial brands, as well as authorities and officials of the sector, executives of business associations and executives of mining, oil and electricity companies.
The economic advisor of Peru in Ecuador, Gustavo García Benavides, took the opportunity to launch the MinePerú sector brand, to publicize the exportable offer in services and products for the mining sector at the hands of 18 Peruvian companies.
“Peru’s experience in mining is more than 5,000 years, we are a polymetallic country and we can provide various products for this sector,” declared the representative of the neighboring country.
Mining represents in Ecuador around 1.25% of GDP, and the government’s intention is to bring it to 4% from an ecological responsibility perspective, which has not yet convinced environmentalists and indigenous communities more prone to keeping metals underground. .

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