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By Reuters Staff
2 Min Read
QUITO, Feb 8 (Reuters) - Voters in the Ecuadorean city of Cuenca backed a prohibition on mining activities in areas close to watersheds via a referendum held on Sunday, the mayor said on Monday, in a move that may spook foreign investment sought by the South American nation.
The proposal, which was on the ballot for some 435,000 Cuenca residents during Sunday’s presidential and legislative elections, asked if the city should block mining in areas near the rivers that cross through Cuenca.
“We share good news with citizens: in Cuenca, the water won,” mayor Pedro Palacios wrote on Twitter. “Thank you for joining this proposal, which motivates us to continue working to care for nature.”
4 Min Read
QUITO, Feb 11 (Reuters) - Surprisingly strong support for Ecuadorean environmental presidential candidate Yaku Perez in Sunday’s election shows the country’s nascent mining industry faces growing backlash that could weaken its expansion plans.
Perez, a lawyer and indigenous activist, won nearly 20% of the votes in last week’s first-round presidential election on promises that he would call a referendum on prohibiting industrial mining in order to protect watersheds.
The vote count now shows Perez trailing pro-market conservative banker Guillermo Lasso, and thus less likely to advance to the runoff on April 11.
National Electoral Council figures currently show Perez with 19.47% of the vote and 19.69% for Lasso.