Ecuador court gives green light for Silvercorp, Salazar’s El Domo project
The ruling removes the last major obstacle for the $250 million project, located 150 km northeast of Guayaquil.
Two universities – Université du Québec en Abitibi-Témiscamingue (UQAT) and Polytechnique Montréal – and six mining companies – Agnico Eagle Mines, Canadian Malartic Mine, Iamgold, Glencore’s Raglan mine, Newmont Goldcorp’s Eleonore mine, and Rio Tinto Fer et Titane – have pledged to extend their funding of the Research Institute on Mines and Environment (RIME) through 2026.
RIME, founded in 2013, is dedicated to developing environmental solutions for the entire lifecycle of a mine. New partner funding from 2020 to 2026 will total C$11.2 million for research. Additional funds will be sought from government agencies.
Over the past six years, the first phase of activities supported just over 75 students earning a masters or doctorate degree. RIME carried out 30 major projects in addition to those launched by three Canada Research Chairs and the Industrial Research Chair. Total investments were more than C$29 million, with C$10 million coming from miners and the schools and C$19 million from granting agencies.
(This article first appeared in the Canadian Mining Journal)
