Large Scale Mining in Ecuador. Local Benefits of the Mirador Project

Priscilla Massa-Sánchez, Kevin Jiménez () and Gabriela Jaramillo-Loaiza ()
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Kevin Jiménez: Magister en Economía por la Facultad Latinoamericana de Ciencias Sociales, Ecuador. Docente del Departamento de Economía de la Universidad Técnica Particular de Loja, Ecuador. Teléfono: 593-73701444.
Gabriela Jaramillo-Loaiza: Máster en Gestión de la Formación por la Universidad de Sevilla, España. Docente del Departamento de Economía de la Universidad Técnica Particular de Loja, Ecuador. Teléfono: 593-73701444.

Economía, 2018, vol. 43, issue 45, 105-123

Abstract: Ecuador is opening the way to large-scale mining, which is why this research aims to analyze the production of copper concentrate in the Amazon province of Zamora Chinchipe, specifically through the operation of the Mirador Mining Project. Current legislation estimates the benefits to the company, the country and the local community. The results show that, in the project’s area of influence, 55% of the profits go to the country and 45% to the multinational company. It is important to note that of this percentage, only 24% of the profits remain in the exploitation area, the rest are invested in the country.

Keywords: Mining; Amazon Region; Ecuador; Mirador Project. (search for similar items in EconPapers)
JEL-codes: D39 G38 O22 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ula:econom:v:43:y:2018:i:45:p:105-123

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