In return, Adventus Mining and Salazar are asking the government certain guarantees, such as the security of title and investment, reduced tax burdens on both income taxes and the capital outflow taxes and help with infrastructure development, among other items.
“The IPA is another significant milestone in the development of the Curipamba-El Domo Project,” Adventus President and CEO Christian Kargl-Simard said in the statement. “Adventus Mining and Salazar continue to transparently earn the support and cooperation of the national Government of Ecuador, local government representatives and project communities to realize the Project’s benefits for all stakeholders,” he noted.
The news come on the heels of the companies’ reception of the government’s environmental and social impact assessment approval.
The technical endorsement paves the way for the citizen participation process, final environmental licence issuance…
