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Weekly Report - 14 June 2012 (WR-12-23)
BOLIVIA: Mining sector throws up challenges for Morales
Five weeks since President Evo Morales made headlines with his decreed State takeover of Bolivia’s electricity distributing company TDE [WR-12-17], his decision to nationalise a small tin/zinc mine in the La Paz region has proved controversial but for different reasons. The move aroused opposition not from the company in question - Sinchi Wayra, a subsidiary of Switzerland’s Glencore – but the national confederation of mining cooperatives (Fencomin), a sector of Morales’ nominal support base. It also comes amid the emergence of a new mining conflict in the Potosí region, a case indicative of the more familiar tensions caused by the government’s efforts to industrialise the country’s natural resources.
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