Some Very Bad News For Ascendant
Ascendant told to Stop by Ministry officialsAntofagasta pulls out of joint mining project Ascendant Told To Stop(español tan pronto alguien me de una mano!!) High officials with the Ministry of Mines and Petroleum (formerly Energy and Mines) of Ecuador – including the Minister himself– sent two very crucial official documents to Ascendant Copper Corporation on […]
Read MoreCommunity Leader Implicates Ascendant in Death Threats/ Ascendant’s Troubles in Ecuador
COMMUNITY LEADER IMPLICATES ASCENDANT COPPER IN DEATH THREATS Polibio Perez, president of the Community Development Council, asked the District Attorney of Imbabura Province that Ascendant Copper Corporations employees be investigated in conjunction to the death threats he has received during the past few months. Mr. Perez suspects that the death threats emanate from Jorge Mantilla, […]
Read MoreChallenging 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 […]
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