Commodities
Ecuador Court to Decide on Fee That Mining Industry Says Imperils Drilling
The Mirador mine in Tundayme, Ecuador.
Photographer: Rodrigo Buendia/AFP/Getty ImagesEcuador’s government and its fledgling mining industry are heading into a legal battle over a controversial fee announced last month.
The industry sees the measure as a tax that will stymie exploration, with the mining chamber filing a cancellation request through the Constitutional Court. The government says the measure will benefit the industry by raising funds for efforts to counter informal mining.