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Canada protests Bolivian decision to revoke licence to mine silver deposits

Thursday, July 12th 2012 - 07:00 UTC
Full article 5 comments

Canadian company is protesting Bolivia's decision to revoke its licence to mine a rich silver deposit in the country and nationalize the project. Read full article

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  • British_Kirchnerist

    Good for Morales. Harper is one of the worst leaders in the world

    Jul 12th, 2012 - 12:41 pm - Link - Report abuse 0
  • Idlehands

    What on earth has this got to do with Stephen Harper? Your post highlights the south american attitude towards world affairs.

    It's just another asset theft wrapped up in the socialist banner.

    Jul 12th, 2012 - 01:42 pm - Link - Report abuse 0
  • JohnN

    1: Harper has nothing to do with this action by Bolivian government. It wasn't Harper who condoned the criminal kidnapping of SCSC mine workers in Bolivia, as did Morales.

    However, no new mining happens in “Harper's” Canada now without consultation and accommodation of First Nations (aka American Indian) communities within whose traditional territories the resources are located. And First Nations communities are cooperating with miners to get the development, jobs and advancement that these communities are seeking.

    Having “social licence” to go into indigenous communities for any venture is important, but kidnapping mine workers is an illegal action that if Morales doesn't regard as a crime, will basically discourage any sort of economic development in Bolivia, but more importantly in the rural indigenous areas that do need economic development that benefits their communities.

    Rule of law is key, as well as lack of corruption - but the Morales government is showing that it is failing at both.

    If Morales who as Bolivian president has also just been re-elected as coca-growers president - and obvious conflict of interest - wants to turn Bolivia backwards into a narco-state by discouraging investors in other sectors (including Bolivian investors), many Bolivians will emigrate to other nations and these bright ones will leave Bolivia spiraling down a path of social destruction.

    Jul 12th, 2012 - 02:18 pm - Link - Report abuse 0
  • EnginnerAbroad

    @1 you obsiouly didnt read the article

    the company continues to receive the support from the 43 out of 46 indigenous communities in the project area

    43 of the 46 indigenous communtities were benifiting from the mining works. You are just blindly following some socilaist agenda without understanding the issues involved.

    What these countries want is for the big mining boys to come in and spend all the money devloping the concesecions and taking all the risk for them to then enjoy all the profit and benifits. Business does not work that way and will isolate Boliva from foreign investment.

    Companies are getting nervous and are begining to rethink their operations in SA.

    British-Kirchinersit I kndly request that seen as you disagree with mining you log off your computer and recycle it as it is made prodemently from material dirived from mining and hydro carbon exploration.

    Jul 12th, 2012 - 05:57 pm - Link - Report abuse 0
  • The Chilean perspective

    Morales is a crook. He has legalized the ownership of STOLEN Chilean cars and trucks in Bolivia. They can be legally re registered there. Even when their rightful Chilean owners track them down the cops in Bolivia cannot and won't help. It is tragic as most stolen cars are taken to Bolivia from Chile. This man is a SCUMBAG.

    Jul 13th, 2012 - 07:00 am - Link - Report abuse 0

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