Editorial summary: Ecuadorian floor shrimp prices are for Argentine red suppliers; Piqué for intake in China
Tom Seaman, editorial director of Undercurrent News, presents a summary of last week’s core.
Tom Seaman, editorial director of Undercurrent News, presents a summary of last week’s core.
For decades, oil-rich Ecuador has proven to be a difficult and unprofitable jurisdiction for foreign corporations to exploit their vast mineral wealth. This…
When Chinese customs officials found traces of the novel coronavirus on the packaging of frozen shrimps from Ecuador, it cast an unwanted spotlight on a key pillar of the country’s economy.
The Galapagos Islands on Monday reopened its tourist sites and marine reserve, which had been closed since March due to the coronavirus pandemic, Ecuadorian Environment Minister Paulo Proano said. The Galapagos, a UNESCO World Heritage Site, partially opened its beaches for residents in May, when Ecuador
Galapagos reopens tourist sites after virus lockdown Read More »
Canadian miner Lundin Gold Inc expects to produce between 200,000 and 220,000 ounces of gold this year at its Fruta del Norte gold mine in the Ecuadorean Amazon, its head told Reuters, after restarting operations last weekend.
Canada’s Lundin Gold expects output of up to 220,000 oz from Ecuador mine in 2020 Read More »
The crippling effects of the coronavirus crisis have crushed government and corporate finances and sent debt soaring. As the charts below show, it is also crunching their credit ratings and causing a spike in defaults. S&P Global has already made 1,190 downgrades so far this year.
In a letter signed by a third of the Catholic bishops in Ecuador, the prelates ask President Lenin Moreno to authorize the use of a bleaching agent as an “alternative medicine” to treat COVID …
Ecuadoran bishops call for use of bleaching agent to treat COVID-19 Read More »
Researchers at the University of Oxford said more people will get tested when the weather turns and this will lead to more false positive results, skewing the number of people who are infected.
Lundin Gold has restarted operations at its Fruta del Norte (FDN) gold mine in Ecuador and plans to resume shipments in the coming days.