WednesdayMay 28, 2025 9:00 am

Who Is Building Ecuador’s Next Modern Mine? A Global Mining Investment Destination

Ecuador is on the verge of a mine-building surge, as President Daniel Noboa's reelection coincides with high metals prices and a handful of projects ready for development. He will start his second term on May 24 on the brink of a mining bonanza, with six projects at the development stage representing at least US$10 billion in investment slated for construction decisions during the 2025-2029 presidential term. During his current term, truncated to about 18 months as he is completing the term of the previous incumbent, Guillermo Lasso, Noboa has been an advocate of growing Ecuador’s mining sector to boost employment,…

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