Looks like we're in.  60 days and it's all wrapped up and am I reading no windfall tax?  Takes a little sting out of the PA sale for me.  Finally the light at the end of the tunnel.

Babblfish doubled things up maybe britnick or someone else can provide a better version:Eight mining projects are in the sight of the Eight Regime mining projects plows being targeted Regime 2/11/2008 2/11/2008 Writing Businesses Business Writing Ecuador wants to let depend on the petrodollars and for it the Government defined to eight projects like areas of national interest, in mining matter. For Ecuador wants to stop relying on petrodollars and this government to eight projects identified ace national area of interest in mining matters. Of these, four correspond to metallic projects that, with a USD potential 104 000 million, could open the route towards the mining on great scale (industrialist). Of these, four relates to metal projects, with to for potential $ 104000 million, could open the path to large-scale mining (industrialist). These projects are in private hands and are next to conclude the operation stage. These projects plows in private hands and plows close to finalizing the operational phase. Fruit of the North is the concessions (gold and silver), of the Canadian company Aurelian; Blanco river (gold and silver), in charge of IMC; Viewpoint (it receives), of the also Canadian, Ecsa and Quimsacocha (gold), of IAMGold. These concessions Northern Fruit (gold and to silver), the Canadian company Aurelian; White Rio (gold and to silver), by BMI; Viewpoint (to copper), also of the Canadian Ecsa and Quimsacocha (Gold) of IAMGold. For the development of these projects, the Regime looks for to sign environmental contracts of operation and exploration with those companies, whose axes are greater control of the State, parameters and better exemptions for the State. For the development of these projects, the regime seeks to sign contracts for exploration and exploitation with these companies, whose axes plows to greater state control, and to better environmental parameters royalties to the state. If those conditions are fulfilled can be renegotiated, otherwise, to criterion of the Regime those projects are nonviable. If these conditions plows met dog be renegotiated, otherwise AT the discretion of the scheme these projects plows uglyible. To these the projects Amazon, Unacota and Isimanchi are added, three key areas in the area of nonmetalists who are related to the mineral extraction for the cement elaboration. This includes projects Amazon, Unacota and Isimanchi three key area in the area of non-metallic they relates to the extraction of minerals for the development of cement. One is state concessions, reason why its development will be in charge of the national mining company, of direct way oa traverse of strategic alliances. These concessions state, under their development will be implemented by the national mining company, directly or through strategic alliances. The last project is related to the mineral extraction (fosforitas) for installment, in the Reventador project. The latest project is related to the extraction of minerals (phosphorites) for subscription, the draft Reventador. With it, the Government looks for to fix three poles of development to depressed areas. With this, the Government seeks to Seth three poles of development in a depressed area. To the south of the country they are the projects of metallic mining, in the center those of nonmetallic mining, and to the north, the one of mineral extraction. To the south of the country plows the metal mining projects in the centers of the non-metallic mining, and to the north, mineral extraction. "Additionally, they are adecúan to the regionalización proposal that the President has raised". "Additionally, it is suited to the proposed regionalization made by the President." The volumes of reserves, the advance of the exploration studies and the price of metals are the reasons so that they are considered strategic, explained the undersecretary of Mines, Mountain Jose. The volumes of you reserve, the progress of studies exploration and the price of the metals plows the reasons for that plows considered strategic, explained the undersecretary of Mines, Mountain Jose. For the projects nonmetalists, the State treasury will require an investment of near USD 600 million. For non-metallic projects, the State Treasury will require an investment of about $ 600 million. The immediate perspective is to equip with raw material the state cementeras Chimborazo and Guapán. The immediate prospect is to provide raw material for cement and Chimborazo Guapán state. And with it, according to Serrano, one looks for to regulate the price of the cement. And with that, Mountain ace, seeks to regulate the price of cement. "Who provides with raw material to Chimborazo and Guapán is Holcim, that is unacceptable". "Whoever prograpevines raw materials to Chimborazo and Guapán Holcim is, it is unacceptable." The three projects have reserves of more than 600 million tons of clays, limestones, among others. The three projects have you reserve of to over 600 million tons of Clay, limestone, among others. With a daily production of more than 7 000 t, the life of the projects are of 150 and 200 years. With to daily production of dwells than 7000 tons, the life of the project is 150 and 200 years. In principle, the Ministry of Mines and Petroleums spoke of 37 areas of interest, but according to Serrano, the efforts will be concentrated in eight. In principle, the Ministry of Mines and Petroleum spoke of 37 areas of interest, but according to Mountain, efforts will focus on eight. "What I can say it is that the four companies that have the greater mining areas of metalists asked for the renegotiation", Serrano said when talking about to the future of the rest of projects. "What I dog say is that the four companies that have the greatest area of metallic mining requested renegotiation," said Mountain referring to the future of to other projects. As opposed to it, these would be into the hands of the Constituent Assembly, that works in a mandate to regulate to the mining sector. Faced with this, these would be in the hands of the Constituent Assembly, which is working on to mandate to regulate the mining sector. Until the moment the document counts on positions different from those from the Government, where members of an assembly of the MPD, Pachakutik and in Agreement Country even raise the reversion of the mining areas. Under Officers' Club of Revolutionary Armed Forces the document there are positions different from those of the Government, where the assemblymen MPD Pachakutik and even Country Agreement puts to reversal of mining area. The Regime hopes to settle the agreements with the miners deprived in a term of 60 days, on a par of the elaboration of the reform of a new mining law. The scheme hopes finalize agreements with the private mining within 60 days, on to pair with the development of the reform of to new law on mining. The mining mandate dilates to The mandate Mining you expand Constituent Mesa of Natural Resources has predicted to summon to minister of Mines and Petro'leos, Chiriboga Gaul and the undersecretary of Mines, Mountain Jose, for next the 18. The Constituent Bureau of Natural Resources plans to convene the Minister of Mines and Petroleum, Chiriboga Gaul and undersecretary of Mines, Mountain, for Jose the next 18. The civil employees will have to explain the mining situation of the country. Officials should explain the situation mining in the country. This within the writing process of the mandate, that it looks for to regulate the mining. This part of the process of drafting the mandate, which seeks to regulate mining. According to Caesar Grefa, member of an assembly, this document would be ready in three weeks. According to Cesar Grefa, Assemblyman, this document would be ready in three weeks. This because the mining subject deserves a deeper analysis. This is because the mining issue deserves to further analysis. In as much, they follow the negotiations with the miners. Meanwhile, negotiations continue with the mining. Aurelian Resources and Ecuacorrientes already met with the Regime. Aurelian Resources and Ecuacorrientes already met with the Regime. They are about to to take the dialogues with IMC and IamGold. Serrano explained that the Government defined three axes to recover the exemptions. They start by the talks with BMI and IamGold. Serrano explained that the Government there are defined three area to to recover royalties. These are: to fix a percentage of participation of the State treasury to the operation, to create a bottom for qualification and credit small mining and to establish a posminero bottom to generate other projects alternative. These include: setting to percentage of ownership in the exploitation of for State treasury, create to fund training and credit for small-scale mining and establish to fund to generate posminero other alternative projects. Reserved rights ® 2001-2008 GROUP COMMERCE CA Copyright ® 2001-2008 Prohibited TRADE GROUP CA the total or partial reproduction of this content without Newspaper authorization Daily the Reproduction Commerce in whole or in part of this content without authorization the Commerce