Ascendant Copper fka ACX

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Q&A

James Stonehouse, Vice President of Ascendant Copper



By Silvia Santacruz, Ecuador Mining News

Former Ecuadorian Minister of Energy and Mines, Alberto Acosta, was more focused on petroleum and electricity issues. Does mining need more attention?

I think it is fair to say that mining was not Minister Acosta’s first priority, but that is not negative for him. He is in a country where petroleum generates a huge portion of the nation’s wealth and operating budget. This situation can change only if President Rafael Correa goes forward with his idea to create the ministry of mines, otherwise, I think the minister will be always more interested in energy than in mines. Petroleum is more important to the immediate future of Ecuador than mining. It literally pays the rent.

Ecuador’s mining debate is only open to artisan miners to discuss the industry. Do you think international mining companies should also participate?
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http://www.ecuadorminingnews.com/news.php?id=41