Jindal warns it may scrap $2 billion Bolivia project

JIndal on its way out and Bolivia left with uncertainty over this extremely important activity for our economic development. http://www.moneycontrol.com reports: Jindal warns it may scrap $2 bln Bolivia project India’s Jindal Steel & Power (JSPL) said on Saturday it was making plans to scrap a $2.1 billion steel project in Bolivia, saying the Bolivian government had…

Mining 101: in Bolivia is a difficult business

Four articles related with mining in Bolivia, appeared in newspapers yesterday; they will help understand how this business currently operates in Bolivia. From Pagina Siete: In four years there were at least 114 [illegal] mining sites’ takeovers At least 114 mineral deposits were bullied in the past four years by cooperatives and herders, according to…

How efficient is current central Bolivian government?

Current political party in government is over six years in power, the current leader for the chapare coca growers, who is also our president keeps saying he is learning about the problems, about the solutions; in fact he shows a peculiar style to “market” himself to the people who are willing to take his word….

Jindal – El Mutun: A chronicle of a death foretold?!

For those of you not following earlier posts on this subject, will realize that this venture was doomed from the beginning: lack of enforcing contractual terms from day one on both sides; not-so-clear contract awarding to Jindal; and a highly visible political issue between Santa Cruz and central government. Walter Vasquez reports for La Razon:…