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:…
Category: Mining
Potosi, Mallku Khota: blunt anarchy and/or government failure to deal with crisis?!
Miguel Lazcano reports for La Razon: The Governor’s Office of the Potosí Department yesterday requested the Executive Body [central government] to analyze the possibility of militarizing the area surrounding the Mallku Khota mine, whose concession is held by the Canadian company South American Silver. The order was made yesterday by Governor Felix Gonzales Bernal, who…
Bolivian Macroeconomics 101: Foreign debt continues to rise and fewer investments arrive
Despite disdaining remarks on economic reality and ‘appearance’ of success, current government’s failures are becoming increasingly harder to hide. Yandira Toledo writes for El Dia: The debt continues rising, offsetting the investment in the country. According to the report in the monthly State of the external debt of the Central Bank of Bolivia from January 1…
Bolivia to repeat the failures of Venezuela…
This news is written by Roberto Mendez and appears in El Dia, it reports the reaction of one of the so-recent-opposition-and-former-ally of current government. I believe that its a dangerous political move of MSM if they really want to amend their former mistakes when they were part of current government. We have witnessed Venezuelan failures…
El Mutun’s uncertain development…, May 2012
El Mutun’s future is uncertain, thousand of jobs will continue to be non-existent and the dream of a metallurgy is fading away like a bad mirage. This cartoon is from Los Tiempos, May 9, 2012: Title: “Jindal is looking for a new contract on the Mutun” boy: “dad, is it fair or not that Jindal…
Is this anarchy or what?
Unfortunately and progressively, we have become witnesses of the deterioration of our way of life, Los Tiempos reports: The rescue of three people taken hostage by herders of Mallku Khota is difficult; the villagers want Government authorities and the Bolivian Mining Corporation (Comibol) to be present in the site and also want the rescission of…
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