INTIEAEcuador · Law No 45: mining lawPolicyIn force

Law No 45: mining law

In 2009, the Legislative and Enforcement Commission of the Ecuadorian National Assembly passed Law No 45 to establish a new mining industry regulation aiming to correct and prevent the environmental, social and cultural harm that mining may produce. This law was approved mainly…

Last changed 2 years ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

  1. Effective
  2. Last change

Country / jurisdiction: Ecuador · Year: 2009 · Status: In force · Level: National · Type: Voluntary

In 2009, the Legislative and Enforcement Commission of the Ecuadorian National Assembly passed Law No 45 to establish a new mining industry regulation aiming to correct and prevent the environmental, social and cultural harm that mining may produce.

This law was approved mainly following articles 313 and 408 of the Ecuadorian Constitution. Article 303 indicates that natural non-renewable resources are one of the country's strategic sectors, and the Ecuadorian State has the right to administer, regulate, control and manage them following the principles of environmental sustainability, precaution, prevention and efficiency. Meanwhile, article 408 states that non-renewable natural resources and, in general, mineral deposits are the property of the State.

Regarding Law No 45, article 1 indicates that the State may grant rights in the mining sector to private and mixed companies in which it has a majority ownership.

Article 15 established mining activity in all its phases as a public utility sector. Article 16 mandates that the exploitation of natural resources and the exercise of mining rights must adhere to the National Development Plan and to the principles of sustainable development, protection and conservation of the environment, as well as inclusiveness and social responsibility. Also, it is required to respect the natural and cultural heritage of the exploited areas. Article 16 also establishes that the exploration and exploitation of mining resources will be based on a public environmental sustainability strategy that will prioritise inspection, control, regulation, and prevention of pollution and environmental remediation, as well as the promotion of social participation and citizen oversight.

Official source: https://derechoecuador.com/uploads/content/2021/01/file_1611807132_1611807146.pdf

Source

https://www.iea.org/policies/16323

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTEnergy Newsoilprice:oilprice-article-45056NewsIn force

The U.S. Army Just Called China’s Bluff in the Rare Earth War

Just recently, in a span of about six weeks, one impressive company was selected by the U.S. Army to build and operate rare earth processing facilities on an American military base…the first time the Army has ever done this. That same company closed $100 million in institutional financing, giving it a war chest of roughly $130 million. It was also formally added to the Russell 3000 Index. And it locked in MOU’s for feedstock agreements covering billions of tonnes of rare earth-bearing material from sources across Wyoming, Appalachia…

11 hours ago
INTEnergy Newsoilprice:oilprice-article-45052NewsIn force

Oil Prices Ignore the Warning Signs in Physical Markets

Oil price movements since the start of March this year have become the topic of dozens of discussions. Many have been puzzled by futures prices and why they haven’t gone through the roof given the severe disruption in Middle Eastern supply. It appears the reason is sheer optimism and a bet on market adaptability. However, there is a problem with that. Adaptability has limits. Many commentators like to compare the current oil price—and supply—situation to 2022, when Russia’s incursion into eastern Ukraine prompted an actual…

12 hours ago
INTEnergy Newsoilprice:oilprice-article-45054NewsIn force

The World’s Largest Sand Battery Is Now Online

Modern power grids require a constant, real-time balance between supply and consumption. Unfortunately, the integration of wind and solar energy makes power grids unstable due to the intermittent nature of renewable energy generation. To prevent localized grid blackouts or harmful voltage spikes, utilities are increasingly pairing renewables with battery storage and/or rapid-response natural gas plants to smooth out fluctuating supply. However, Finland has now come up with a rather eccentric method to store excess renewable energy and release it…

13 hours ago
INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/australia_to_study_first_new_oil_refinery_since_60s-28-jul-2026-184235-article/?rss=trueNewsIn force

Australia to Study First New Oil Refinery Since 60s

Prime Minister Anthony Albanese Tuesday announced a study for a new refinery in Karratha in Western Australia, backed by A$4 million ($2.8 million) of government funds.

14 hours ago
INTEnergy Newsoilprice:oilprice-article-45055NewsIn force

Refined Fuels, Not Crude, Are Driving the Oil Market Crunch

Oil prices have just come off a fresh two-month high as the crude oil market has tumbled this week amid signals of de-escalation in the U.S.-Iran conflict. Despite the slump in crude prices and the extreme volatility in the past five months, the refined product market continues to tighten with refining margins at record highs because the supply of petroleum products is much tighter than crude supply. Refining margins held at record highs even as crude oil prices soared last week to $100 per barrel. That’s because global gasoline, diesel,…

14 hours ago