Challenging Canadian Mining Companies
Imposing mining projects on communities of resistance From Z Magazine, June 2007 Vol. 20 No. 6: 50-55 By Al Gedicks Canadian mining companies, which constitute almost 60 percent of the world’s exploration and mining companies, have made Latin America the world’s most popular resource frontier. The Toronto stock exchange is the world’s largest single source […]
Read MoreResistance to Ascendant continues in Ecuador
Jun 14, 2007 14:15 ET MiningWatch Canada: Resistance to Ascendant Copper’s Junin Project continues in Ecuador OTTAWA, ONTARIO–(Marketwire – June 14, 2007) – Employees of Ascendant Copper Corporation continue to face limitations when accessing the concession at their Junin project due to local opposition to the project, an issue that was downplayed in Ascendant Copper’s […]
Read MoreMinister Against Open Pit Mining, Concessions were chaos
Espaniol ver abajo Also below: Rejection of Environmental Impact Study; Stop work order, and National Anti-mining Strike tuesday, June 12The Minister of Energy and Mines of Ecuador, Alberto Acosta, said yesterday that he oposes open-pit mining, and that he considers the mining concessions in Ecuador were a “real chaos”. He further implied that the future […]
Read MoreNEW MEASURES BY GOV.- ANTI MINING NATIONAL STRIKE
Espaniol ver abajoGOVERNMENT FIRM AGAINST MINING CONCESSIONS- REJECTION OF ENVIRONMNETAL IMPACT STUDY, AND NEW LEGISLATION ON THE HORIZON JUNE 5TH, NATIONAL ANTI-MINING PROTEST PLANNED Today´s El Comercio Newspaper reported Ecuador´s President Correa recent speach against the mining concessions in Ecuador, where he stated that it´s a disaster how they have been issued and that his […]
Read More7 May: Minister Comes Down Hard on the Company
espaniol abajo On the Ministy of Energy and Mines May 3rd news release, the Ministry lashed out against the mining company for it’s bad practices in Imbabura. See below for the extract, which makes reference to a protest march in which Ascendant employees participated in. The full translation of the official document is below. MINISTER […]
Read MoreCompany stopped again; 4th Qer Distortions
Espaniol Abajo News from Junin that this past thursday, April 12th, that Ascendant Copper employees were stopped by community members from entering a property near to the community of Junin that the company considers theirs. There was no violence, but the community members were adamant that Ascendant had to leave and abide by the December […]
Read MoreAscendant’s 4th Quarter (Distorted) Reports..
Espaniol AbajoAscendant’s Fourth Distorted Quarter ReportsCarlos Zorrilla Absolved in trumped-up gun charges The 2006 Annual, Financial, and Management Discussion and Analysis reports were finally made public by Ascendant (see NEWS section on their web page: www.ascendantcopper.com Here are some of the highlights: Since it’s birth (48 months), the company has sustained losses of $ 9.751.463,00 […]
Read MoreAscendant´s Guns returned/ Total Suspension
ESpaniol abajo TRANSLATED EXTRACTS FROM TODAY´S EL NORTE NEWSPAPERhttp://www.diarioelnorte.ec/2007/03/28/cotacachi.html See yesterday´s blog for some drastic anti-mining news coming out of Ecuador- including the reinstatement of ROYALTIES, which Reuters News Agency said could affect Ascendant Copper Translated extracts from El Norte´s ArticleGovernment Suspends Mining Exploration in Extensive Area There is no calm, and the division persists […]
Read More27/03- MAJOR policy Changes; ; Ascending distortion, and other news
ESPANIOL YA MISMO! See below for the Spanish version of the Reuters News article about the government announcing bringing back royalties to tax the extraction of minerals from Ecuador’s subsoil. As you can see, it specifically named Ascendant Copper and Corrientes Resources as two of the companies which would be directly affected. The article also […]
Read More21 March- Ascendant Signs with Government # Correa on Mining
March 21 UpdateAscendant Signs with GovernmentPresident Criticizes Mining Yesterday evening, at the office of the Governor of Imbabura Province in the city Ibarra, high-ranking police officials and representatives from Intag’s communities and Intag Parish governments, witnessed the signing of an agreement between representatives from the Ministry of Energy and Mines and Ministry of Government, and […]
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