III  TRADE SHOW ECUADOR � CANADA 2007 � MINING SECTOR

For the 2007 Ecuadorian Canadian Trade Fair the Mining Committee participated with a number of its members as project exhibitors, including EcuaCorriente S.A. and Ascendant Copper S.A., in the main fair area and as sponsors of a central stand (Aurelian Resources, Iamgold, IMC, and other important mining companies). The purpose of this central stand was to provide an area for conversation to introduce suppliers, Chamber members from other trade sectors, and the public in general to minerals, there practical applications, mining potential in Ecuador, and standard and best practices in exploration and mining projects from a Canadian perspective.  

EcuaCorriente sponsored well-attended luncheon presentations by Esteban Vega, Minister in Charge, Ministry of Industry and Productivity, on �Plans, Policies, and Objectives of Industrial and Manufacture growth� followed by Ian Harris of EcuaCorriente presenting �Impact of the Mining Industry related to the Industrial, Services and Business Sectors�.   

The Mining Committee also had well attended seminars covering the principal themes of �Environmental Management in Ecuador�, presented by Danny Yanez in representation of the Sub-secretary for Environmental Protection of the Ministry of Energy and Mines; the topic provoking a lively discussion amongst the members of the audience during the question period. �Legal and Technical Framework of Modern Mining� presented in a discussion format by Cesar Espinosa, Vice-President of the Ecuadorian chamber of Mines followed by a pair of presentations on the relationship of exploration and mining with communities. The first of these presentations by Carlos Muirragui, of ELIPE S.A., �Mining and Communities� from an Ecuadorian perspective covering mineral knowledge of the country, its past experiences, and its future potential, and the second from Don Clarke, representing the Black River indigenous association from Manitoba Canada. This final presentation covered �Responsible Mining: a tool for community development�, a Canadian indigenous perspective on its potential for diminishing poverty in marginalized regions.

Darryl Lindsay

ECUACORRIENTE S.A.

Upcoming Sector Event Information

Trade Missions and Seminars

Past Trade Missions: PDAC 2006 (Prospectors and Developers Association of Canada), International Convention, Trade Show & Investors Exchange - Mining Investment Show, Toronto, Canada, March 5-8 2006.                 

 Other Activities

One of the activities of the Committee has been the execution of a cooperation agreement with the Ecuadoriahttps://g Chamber (www.cme.org.ec). The intention is for both institutions to develop products to accommodate mutual interests, with the focus being on sustainable development, environmental management, and investment security.