J.K. Mining Corporation says Ecuador will be an attractive market over the next decade


Posted October 8, 2020 by jkminingcorp

LIMA - J.K. Mining Corporation today said that based on mining production report, the mining sector will be one of the central pillars of Ecuador's economy.

 
J.K. Mining Corporation have several mining operations in Ecuador and based on economic research and Ecuador’s openness for foreign investment, this is attractive for foreign investment with the demand for rare earth minerals projected to grow even more over the next decade.

J.K. Mining Corporation’s Chief Financial Officer, Ms. Adriana Ruiz commented on Ecuador’s mining projection saying "Currently, we have several active projects and we have six potential projects on our radar that should go into production between 2023 and 2024, where a majority of them will be gold, copper and silver.”

"We plan to start construction of the underground mines and production facilities in mid-2022 and we have several sites that once in production, will boost the Ecuadorian economy substantially over the next decade. Economic data from the mining industry indicates that over 78% of investment currently comes from Canadian and Australian mining companies,” added Adriana Ruiz, Chief Financial Officer of J.K. Mining Corporation.

About Us - J.K. Mining Corporation

J.K. Mining Corporation is a gold and silver exploration, development and production mining company with interests based in Ecuador and Peru. Our vision is to be one of the highest valued and most respected mining companies by leading the industry in performance.

J.K. Mining Corporation’s interest in Ecuador lies in the southern province of Zamora-Chinchipe, near the city of Zamora and lies in a region of ancient volcanism. The area has been known to be rich in gold and silver for centuries and has experienced significant recent growth due to the discovery of a number of recent mineral veins of note. The mining industry in Ecuador is still in its infancy, with large unexplored areas that are potentially rich in gold, silver and copper.

J.K. Mining Corporation’s mining interests in Peru lie in the Cajamarca Region, approximately 45 kilometers to the south west of the city of Jaen and situated in a prolific gold and silver producing region of northern Peru. The project is located within a flexure of a thrust and fold belt of tertiary volcanism that runs the entire length of Peru and contains some of the world’s most prospective gold mines, including Lagunas Norte and Yanacocha, two of the world’s largest gold mines.

Sustainable development is central to J.K. Mining Corporation’s strategy and is integrated into every facet of our operations. We have deployed a practical framework which is developed from a strong set of principles to help us to deliver on this commitment and our practices will continually develop as we seek out ways to improve our performance.

J.K. Mining Corporation has a strong commitment to the protection of the environment and minimizing the environmental impact of our operations. We deliver strong environmental performance based on our adherence to our environmental policy, our standards and our commitment to continually improve our environmental performance.
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Issued By Carlos Roberto
Phone +5117057181
Business Address Edificio Anglo Peruano, Avenida Grau Independencia 28, Lima 15001
Country Peru
Categories Automotive , Finance , Semiconductors
Tags jk mining corp , jk mining corp lima , jk mining corp peru , jk mining corp metals mining , jk mining corp rare earths
Last Updated October 8, 2020