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Energy
ECUACORRIENTE (ECSA)
Ian Harris
General Manager
Av. República de El Salvador 1082 and Naciones
Unidas
Edif. Mansión Blanca, Torre París, Mezanine
Tel: +593 2 3972 000
Fax: +593 2 3972 002
www.ecuacorriente.com
Area of activity: Mining
Date of creation: 1999
Mining company Ecuacorriente (ECSA)has been
operatingin Ecuador for over 10 years. The com-
pany has invested more than UD$80 million in
concessions and project development. Recently,
they discovered significant copper deposits and
therefore intend on moving exploration along so that
the construction and production phase can begin.
Mirador, which is the flagship project, is already
ready for construction and there is a team of 120
people working on it. After the Ecuadorian govern-
ment authorized the project, Corriente Resources
announced that it expects to begin pre-construction
of Mirador in the second quarter of 2010.
A feasibility study has been completed on Mirador,
outlining 30,000t/d throughput within 19 years. Mira-
dor has 438Mt grading 0.61% copper, 0.19g/t gold
and 1.5g/t silver in measured and indicated resourc-
es, plus 235Mt of 0.52% copper, 0.17g/t gold and
1.3g/t silver in the inferred category.
“Today a mining project is much more than a tech-
nical challenge; it’s also political and social chal-
lenge.”
Ian Harris
General Manager
NAVIPAC
Ramón Espinel
General Manager
Av. Pedro Menéndez Gilbert
Guayaquil
Tel: +593 4 2293808
Fax: +593 4 229 6594
bunkers@navipac.com
www.navipac.com
Area of activity: Bunker Supplier
Date of creation: 1952
Annual turnover: $82 million USD
Navipac S.A. is the first and the largest private bun-
ker physical supplier in Ecuador. They consistently
meet the needs of coastal transportation of petroleum
products and provide bunkering services in all Ecua-
dorian ports at the most competitive market prices.
Established in 1952 and headquartered in the port
city of Guayaquil, Navipac has been the industry
leader from the very start. The company has owned
more than 20 oil tankers, something that makes it the
best choice for bunkering nationwide.
At present, Navipac S. A.’s fleet is composed of sev-
en tankers (barges) with a capacity that ranges from
100 to 4.500 metric tons, which makes it the only
physical supplier in Ecuador capable of delivering
over 4,000 MTs with a single barge. Their tankers are
classified by IACS members such as Lloyd’s Register
(4) and DNV (1).
It is the first private company in the Ecuadorian in-
dustry that is certified by ISO 9001. This certification
has been extended by Lloyd’s Register (LRQA) for
Transportation of Hydrocarbon Services and Bunker-
ing Services since 2002.
Most of the
In addition to their bunkering services, Navipac also
offers complementary solutions required for ships’
operations in Ecuador. Products such as lubricants,
water, manning and agency services are offered.
For commercial convenience they also have opera-
tions in Perú, through its affiliate Naviera Miraflores.
These links give clients better flexibility and choice.
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