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Glencore May Seek Compensation
Jun. 22, 2012 10:12AM PST
Tin InvestingCNBC reported Glencore (LSE:GLEN) is considering compensation after Bolivia nationalized a tin and zinc mine.
CNBC reported Glencore (LSE:GLEN) is considering compensation after Bolivia nationalized a tin and zinc mine.
As quoted in the market news:
Angered by the nationalization of a tin and zinc mine in Bolivia, global commodities firm Glencore said on Friday it may seek compensation domestically or abroad.
Bolivia’s leftist government, headed by Evo Morales, took over operations at the Colquiri mine on Wednesday after weeks of violent protests.
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