Business

Bolivia will pay $US18 million for reversion of mine in Potosi

 

An international arbitration court ruled that Bolivia should pay $US18 million to South American Silver Limited for the reversion of Mallku Khota mine in Potosi. South American Silver, a Canadian firm, demanded Bolivia in 2013 asking for $US 385.7 million in compensation. The government insisted that the Canadian company invested $US18 million and offered to pay only this sum. The international arbitration court ruled in favour of Bolivia in this case.

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Source: Página Siete 

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Source: Los Tiempos

Categories:Business, Economy