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Executive Decree number 435 of October 23, 2024, published in Official Gazette number 676 of November 5, 2024, provides measures against illegal mining: The Ministry of Energy and Mines; the Ministry of the Environment, Water and Ecological Transition; the Mining Regulation and Control Agency, in coordination with the National Police and the Armed Forces, shall […]

On August 6, 2024, a new regulation for the assignment and transfer of mining concessions (the “Regulations“) of the National Mining Company (the “ENAMI“)[1] was issued, which replaces the one published in 2023[2]. The following are the main elements of this new regulation: The types of procedures by which the assignment and transfer are carried […]

By means of resolution number ARCERNNR-ARCERNNR-2024-0032-RES published in the Official Gazette number 612 of July 31, 2024 (hereinafter the “Resolution“), the Agency for the Regulation and Control of Energy and Non-Renewable Natural Resources (the “ARCERNNR“) amended the resolution by which the Mining Cadastre was closed in 2018[1] in order to allow the National Mining Company […]

The Internal Revenue Service (SRI) has issued resolution number NAC-DGERCGC24-00000028 of July 31, 2024, amending the general rules for withholding at source by the taxpayer (self-withholding), in the commercialization of concentrates or metal elements and in the production and commercialization of mineral substances that come from a mining concession,  contained in resolution number NAC-DGERCGC16-00000217[1] (the […]

On April 21, 2024, a referendum and popular consultation took place with the aim of amending the Constitution of Ecuador (hereinafter “Constitution”) and consulting Ecuadorians on various matters. Of the eleven questions, nine were approved by popular decision. One of the unapproved questions concerns international arbitration. This result has raised some concern among investors about […]

On November 9, 2023, the Plenary of the Constitutional Court (the “Court”) issued its judgment in case 51-23-IN (the “Judgment”), regarding the public action of unconstitutionality of Executive Decree number 754 of May 31, 2023, through which reforms were made regarding environmental consultation in the Regulations to the Organic Environmental Code (the “Decree”). The Court […]