Ecuador to pay Codelco $25m in Llurimagua copper mining dispute

Ecuador to pay Codelco $25m in Llurimagua copper mining dispute

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In an arbitration case, the International Chamber of Commerce ruled that Ecuador must pay $25m to Chilean state miner Codelco regarding disputes over the Llurimagua mining project, a major copper venture in northern Ecuador, as reported by Reuters. Ecuador's attorney general's office has claimed…

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