Gregory Beltran reports for La Prensa: Inti Raymi gold, ABOUT TO SUSPEND OPERATIONS GOLD FALL LEAVES OUT in the STREET, 185 MINERS A total of 185 gold miners from the company Inti Raymi, Oruro, received letters of notice. Entrepreneurs told them that the decision to dispense with their services is due to the falling price…
Category: Mining
Bolivia and The Global Competitiveness Report 2014–2015
The World Economic Forum has issued its Global Competitiveness Report 2014–2015. The information regarding Bolivia follows: . . [If you notice the first six marks are a direct result of the coca grower’s government. They managed to isolate Bolivia from sustainable growth, scare away investors, impose quotas on the food industry, de-dolarization, a corrupt and large…
Mutun, a constant reminder of current gov’s inefficiency!
Humberto Vacaflor writes in El Diario: The Mutún gasometer The Mutún steel project is not working, it is true, but plays an irreplaceable role: used to know how much natural gas is available to Bolivians after the demand for Argentina and Brazil has been serviced. The “gas war” that was fought earlier this century, has…
For Miners, Increasing Risk on a Mountain at the Heart of Bolivia’s Identity
An interesting article from The New York Times: For Miners, Increasing Risk on a Mountain at the Heart of Bolivia’s Identity By WILLIAM NEUMAN – September. 16, 2014 [to watch the video, please use this link] POTOSÍ, Bolivia — The silver in this mountain helped finance the Spanish empire. It created vast fortunes for some…
The cycle of high mineral prices are over, analysts say … what will the ruling demagogues say now?!
Lidia Mamani reports for Pagina Siete: NOW THERE IS VOLATILITY, BUT STABILITY IS EXPECTED IN COMING YEARS The cycle of high mineral prices are over, analysts say In the 80s, prices collapsed after years of crisis, since 2005, there was an increase and high peaks. In recent years there have been ups and downs. The…
Current Bolivian anarchical ochlocracy in power is relentless!
El Dia reports: It obeys to an order from social organizations Deputy Mineral Policy has submitted his irrevocable resignation Eugenio Mendoza, submitted his irrevocable resignation from office, the same in which he held since August 14, 2013. Vice Minister of Mining Policy, Regulation and Enforcement, Eugenio Mendoza, resigned on Tuesday 12, after having declared at…
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