National and local development

Promoting economic development, job creation, education, and healthcare in neighboring communities and contributing to the economic growth of Ecuador.

04

a.

By constitutional provision, most income from mining belongs to the State.

b.

Local jurisdictions where mining activities take place, receive a significant proportion of mining revenue, as defined by law.

c.

Responsible mining contributes to a more equitable territorial development and promote progress of marginalized regions of the host country.

d.

Mining activities drives the development of other economic sectors at the local and national level.

e.

Responsible mining and its value chain creates direct and indirect employment.

f.

Responsible mining creates skilled and well paid jobs, provides continued training and always prioritize hiring of local residents.

g.

Responsible mining promotes economic growth, generates revenue for the State and local governments and dollar inflows for the country.

h.

Responsible mining contributes to local development through investments in infrastructure and the promotion of local suppliers.

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