Ecuador's Ministry of Energy and Mining on July 26, Ecuador's largest solid mine project, China's largest mining investment project in Ecuador - Mirador copper mine expansion permit has been approved. Tongling will invest $650m through Corant, its local operator, to more than double the Mirador mine's daily capacity from 60,{000 tan to 140,000 tan.
It is reported that Mirador1 (Acumulada) mining area is located in the southeast of Ecuador, mining area of 2,985 hectares, holding resources of 1,257 million tons, copper grade of {{}}.48 percent , equivalent to about 6,{{}}}30,500 tan of copper metal. At the same time, the mine also has rich associated resources, associated gold grade of 0.12 g/ton, bersekutu perak gred of 1.314 g/ton.
