SolGold seeks to assure market amid Ecuador turbulence

Exploration and development firm SolGold assured shareholders on Thursday that its operations in Ecuador were not affected by the protests in that country and said that it had taken precautions to keep its employees safe. The protests were sparked by President Lenin Moreno’s announcement last week of an end to subsidies that had been holding down fuel prices. A state of emergency was declared last week, but it has failed to end protests by groups demanding an end to austerity and the return of fuel subsidies.