July 3 Update: Lawsuit Ruled Malicious, and other news
resumen mas adelanteLatest from Intag:Ascendant’s new name; Copper Mesa Mining CorpLawsuit against Carlos Zorrilla declared illegal and malicious;The Constitutional Tribunal rules- too late- in favor of Ascendant.Upcoming lawsuit in Canada Ascendant’s new nameIn the past couple of years, Ascendant Copper Corporation’s shares have lost approximately 95% of their value, so it was only a matter […]
Read MoreFriday 13th News: Mining in Ecuador
http://www.northernminer.com/issues/ISArticle.asp?id=85699&issue=06132008&ref=rssDaily News Friday, June 13, 2008Ecuador update: many questions, a few answersVancouver – On June 9th, fifty-two days after a mining mandate inEcuador suspended all mining activity while the government drafts newmining legislation, the government began transferring the country’smining concessions to the state.The move, entirely expected as part of the new law, has been one […]
Read MoreAscendant;s Ist Quarter 2008 Report: What the Company is Not Telling…
Espaniol ya mismo………. Ascendant’s 2008 First Quarter Reports and What the Company is Not Telling As expected, Ascendant’s directors have risen to the occasion. The occasion being distorting and withholding information which might reflect badly on the company as reported on its latest quarterly report*. Loss of Concessions.The company does a great job of not […]
Read MoreReflections on the Mining Mandate
en espaniol cuando tenga un chance.. Reflections on Ecuador’s Mining Mandate. It’s easy to see why Canada’s mining companies have spent so much money on publicity to try to lessen the public relations nightmare caused by the Constitutient Assembly’s 95-1 passing of Ecuador’s Mining Mandate, which annulled 88% of the country’s mining concessions- including all […]
Read MoreIT’S ALL OVER FOR LARGE-SCALE MINING IN ECUADOR.
IT’S ALL OVER FOR LARGE-SCALE MINING IN ECUADOR (Español ya mismo….) In the last few months, the mining companies spent millions of dollars in publicity to try and convince Ecuadorians that large-scale mining would get them out of poverty, create thousands of new jobs, and bring millions in rents for the government as well as […]
Read MoreEND TO LARGE SCALE MINING IN ECUADOR? FIN DE LA GRAN MINERIA EN EL ECUADOR?
Mining Mandate: end to large-scale mining in Ecuador / (español ya mismo…) For the past three months, Ecuador’s Constitutional Assembly has been working on a mining mandate meant to fix some of the worst aspects of the discredited mining law, which did little besides legalize the trafficking of mining concessions, leaving the country without any […]
Read MoreAscendant’s Incredible 2007 Reports/ increíbles informes de Ascendant del 2007
Ascendant’s Unbelievable 2007 Year-end Reports Yes, it’s that time of year again!! Ascendant just published it’s 2007 Financial and Management and Discussion Analysis reports, and here are some of the more interesting information contained in the reports and what they “forgot” to include. The documents avoid mentioning important events that could profoundly affect Ascendant’s future […]
Read MoreOne Step Closer to Nationalization / Nuevas de Intag
Ecuador Takes One Step Closer to Nationalizing Its Mining Industry(and other news….) On his weekly radio address to the nation on the 15th of March, Ecuador’s president told Ecuadorians he would exploit its mineral resources in the south of the country through the creation of a national mining corporation. The last 6 or so months, […]
Read MoreAmnesty for Intag Defenders! / Aminstía para defensores inteños del ambiente!
NIGHTMARE ENDS FOR ACCUSED IN INTAG Huge victory for Intag residents opposing Ascendant’s mining project On March 14, the National Constitutional Assembly overwhelmingly approved a general amnesty in favor of 360 defenders of the environment who were facing criminal lawsuits as a consequence of their opposition to large hydro, petroleum, and mining project in Ecuador. […]
Read MoreAscendant leading the march to the chopping block
ASCENDANT COPPER LEADING MINING COMPANIES TO THE CHOPPING BLOCK The government let the official cat out of the bag today by stating that next week the Constitutional Assembly will vote on the mining moratorium and revocation mandate. The Assembly was voted into power last year with the main goal of re-drafting the country’s Constitution, and […]
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