Meet the Metals Hunter Who Wants to Make It Big in Ecuador

  • Sunstone Metals drilling for gold, copper in country’s north
  • South American nation’s leader seen supportive of industry
Soil sampling at the El Palmar project in northern Ecuador.Source: Sunstone Metals Ltd.
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Mining industry veteran Malcolm Norris says he’s struck upon a gold-copper resource in northern Ecuador that may make the world’s resources giants sit up and take notice.

Norris has seen a surge in interest from institutional investors in the El Palmar project since his exploration company Sunstone Metals Ltd. disclosed a significant discovery to the Australian stock exchange on Oct. 7. That’s reflected in the share price, which has risen almost threefold from its closing level on Oct. 6.