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Bolivia Struggles To Change Mining Perception After Tin Mine Strikes
Oct. 22, 2012 12:32PM PST
Industrial MetalsMining Weekly reported Bolivia has witnessed a spate of mining disputes, moves to nationalise and renationalise projects, and violence among protesting miners
Mining Weekly reported Bolivia has witnessed a spate of mining disputes, moves to nationalise and renationalise projects, and violence among protesting miners.
As quoted in the market news:
The first significant incident occurred on June 22, when Bolivia cancelled commodities trader Glencore’s operational rights to the Colquiri tin mine, the second-largest in the country. Unsurprisingly, the company opposed the decision. “[Glencore] reserves its rights to seek fair compensation pursuant to all available domestic and international remedies,” the company said.
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