ECUADOREAN VOTES COULD BAR OIL OUTPUT IN AMAZON RESERVE AND MINING NEAR QUITO

Ecuadoreans will decide in two August referendums whether oil and mining projects in key regions of the country can continue, weighing Indigenous and environmental concerns against billions in potential lost income. The South American country could lose about 12% of its 480,000-barrel-per-day (bpd) crude oil output if voters approve shuttering the 43-ITT block in the megadiverse Yasuni nature reserve in the Amazon, while a local referendum in Quito would bar mining in the Choco Andino forest, scuppering six gold concessions.

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