Ecuador says Cascabel could become a top world copper mine

From uk.reuters.com

A preliminary study of the Cascabel mining project in northern Ecuador shows that it could become one of the world’s largest copper, silver and gold mines, Ecuador’s government said on Wednesday. The project, operated by Australia’s Solgold, is in the advanced exploration phase. It is one of the most ambitious mining projects in Ecuador, which hopes to develop mineral resources to spur its sluggish economy. The Alpala mineral deposit, which is located in the Cascabel region, “could become the largest underground silver mine, third-largest gold and sixth-largest copper in the world,” the Energy Ministry said in a ... (full story)