Ecuador Cement Sales Escalated in 2013
CHEMMONITOR.COM - Chile-based state mineral company Empresa Nacional Minera (ENAMI EP) has a project Isimanchi-Mayo in Ecuador. Recently, the company has explored Isimanchi-Mayo in order to estimate resources of limestone. Currently, limestone resources reach 67 million tonnes at 85% CaCO3 and areassessed at USD 300-400 million. An average price for limestone is USD 5 per tonne.
ENAMI EP carried out all necessary prospecting and exploratory studies and is going to implement feasibility study of the project.