Loading ...Shares in Ecuador-focused SolGold (LON, TSX:SOLG) jumped on Friday, after it announced that the country’s Constitutional Court had rejected calls for a referendum on mining in Imbabura, the province in which the company’s flagship Cascabel copper-gold project is located.
The Australian miner, which holds 72 mineral concessions in Ecuador through four subsidiaries, said the court had unanimously and “definitively” rejected the petition on the basis of technicalities.