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Valentina Ruiz Leotaud // #Ecuador expects $1 billion in mining revenues for 2018 | MINING.com

19.12.17

Ecuador expects $1 billion in mining revenues for 2018 | MINING.com: A media statement on the ministry’s website states that non-oil extractive industries are expected to bring over $1 billion into the country’s coffers in 2018, mainly through the exploration and development of mining projects. Construction, on the other hand, would create another $1 billion in revenues.

These numbers are an update from previous estimates released by the Lenin Moreno government. Back in September, the expectation for 2018 was of $488 million in revenues from industrial mining.

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