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Llurimagua a tough negotiation for Ecuador

The future of the US$3 billion Llurimagua copper-molybdenum deposit in Imbabura has become entwined in state-level talks which could potentially threaten the close relationship between Ecuador and Chile due to the complexities of mixing state-level intentions with company-level practicalities.

Paul Harris
Llurimagua in Ecuador

Llurimagua in Ecuador

With a resource defined and an initial development plan scoped out, Chile's state copper company Codelco and Ecuador's state mineral company Enami agreed to form a joint venture company in 2019 for the...

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