Confirming the growing trend in several South American countries, Bolivia expropriated a silver and indium mine operated by a local unit of Canadian firm South American Silver, a move criticized by Ottawa and likely to scare off foreign investors.
Bolivian prosecutors with the support from police and military forces on Friday raided the offices of India’s Jindal in La Paz as part of an investigation for an alleged “breach of contract” following the company’s confirmation it was abandoning the huge iron-ore mining project of El Mutún.
Argentina and Bolivia signed on Wednesday new agreements to increase the sale of Bolivian natural gas to its southern neighbour but the controversial issue of a price review went unnoticed.
December 21, the austral summer solstice, will mark the end of Coca Cola and capitalism and the start of a new cosmic era of community spirit and love, announced Bolivia’s Foreign Minister David Choquehuanca.
Bolivian government is willing to compensate South American Silver Corp for revoking its concession on the Malku Khota project, but it will be far less than the 16 million dollars the company says it has invested, the country's vice president said on Thursday.
Canadian company is protesting Bolivia's decision to revoke its licence to mine a rich silver deposit in the country and nationalize the project.
Bolivia will consider nationalizing Canadian miner South American Silver Corp's silver property, President Evo Morales said on Sunday, following violent indigenous protests against the mining project.
Bolivia's police ended a violent mutiny and went back to work on Wednesday after reaching an accord with government ministers and the police leadership on pay and disciplinary rules, satisfying lower-ranking officers who had rejected a previous deal.
Rebel police clashed with pro-government supporters Monday outside Bolivia's presidential palace in the capital La Paz on the sixth day of a mutiny demanding better pay.
Striking Bolivian police officers have rejected an accord with the government four days into a nationwide strike to demand higher wages. The protesting rank-and-file police burned copies of the agreement during marches across Bolivia Sunday and said they would elect new representatives.