A recent Constitutional Court ruling about a proposed referendum in the Ecuador province where copper/gold developer SolGold’s significant Cascabel project is located has made it clear that the future of mining will be determined by that country’s federal government, the LSE- and TSX-listed miner said on Thursday.
SolGold said that the ruling highlighted that it was unconstitutional to ask inhabitants of certain provinces about the matters relevant to other provinces, and that mining was considered a matter of national interest, and hence could not be opined upon by the inhabitants of a particular province.