Geological potential, investments in infrastructure and key reforms make Ecuador open for business, says Minister of Mines
SmallCapPower sat down with Javier Cordova, Ecuador’s Minister of Mines, at the Mines and Money Americas conference in Toronto. While not traditionally known as a major mining jurisdiction, Ecuador is open for business, according to Mr. Cordova. The country’s geological potential and swaths of unexplored land make it an ideal destination for new high-grade discoveries. The Ecuadorian government has also invested a lot in its infrastructure, including low-cost hydroelectricity, and enacted major reforms aimed at revamping its taxation policies and mining code. Mr. Cordova also talks about Ecuador’s push for foreign investment and his strategy to encourage the international mining community to consider Ecuador as a top of mind destination.