The proposed new Mining Law will be handed over to President Rafael Correa, June 27. The document was prepared by the Ministry of Mines and Petroleum.

The mining sector of the country worked with the Secretariat of State in order to deliver the right information on the subject and to contribute in the implementation and development of new legal framework.

Javier Cruz, director of the Chamber of Mines of Ecuador, explained that they do not know the outcome document that will go to the Presidency of the Republic, but expect that contains the arguments given. The aim is that the legal framework will benefit the state, communities, the country and international companies who are betting the country.

Recently the Minister of Mines and Petroleum, Galo Chiriboga, admitted the delay in submitting the draft law, which should be ready by the end of May and explained that seek to "boost mining activity, but with environmental and economic criteria, so that wealth favors areas where mining companies operate. "

Cruz, emphasized the millionaire investments being made by countries in the region in mining and cree that should be an example for Ecuador. "Chile will invest $ 4,800 million in expanding the Andean mine," he said.

If in the country are developing the projects planned by companies Ecuacoriente and Aurellian only for the initial phase will require 2,100 million, this will generate 2,500 direct jobs. According to the expert, the process of "maturing" of the mining industry in Ecuador is 10 years, during which time will create 100,000 jobs.

Ecuador in the mining industry "responsible and formal" is just beginning, and it is necessary to do so either because mining impacts cause. The fear stems from the damage caused in mines stony materials, which have the predators have polluted the environment and without any remediation.

Cruz says that the activity should be monitored and controlled nationally by the state mining company, "so that the country is fulfilled what determines the norm.

The activity is also controlled by the Ministry of Environment that requires significant safeguards to approve the environmental impact study "and if the parameters are not met guarantees are" effect "and withdrew the concession.

According to Cruz, "should give them guarantees, while the state should require mining" because for them this is "a moral issue." "But in the country "there is no proper monitoring and control system running guarantees."

The Chamber of Mines performs agreements with international NGOs, to develop plans veeduría to enable communities to receive what they offer companies and ask what they really need. (Www.multimedios106.com)