100% of the Tuichi River within Madidi committed for mining activity

One hundred per cent of the Tuichi River, which located inside the Madidi National Park and Integrated Management Natural Area, and which is part of the Uchupiamona Communal Land of Origin (TCO), has been gridded by the Mining Administrative Jurisdictional Authority (AJAM) for gold mining in one of the most biodiverse protected areas on the planet.

Cochabamba has the lowest royalty and 70% of the gold leaves without taxation

Cochabamba has the lowest mining revenues in the country. In 2020 it generated only 2 per cent of the 914 million bolivianos obtained at the national level. According to the government, this situation is especially prevalent in gold mining, as it estimates that more than 70 per cent of the mineral extracted does not pay royalties or does so in another department.

Chapare: five companies and state works that cost $1.03 bn not used

Chapare: five companies and state works that cost $1.03 bn are not used. The public companies paralyzed are the Urea and Ammonia Industrialization Plant, which had an investment of $953 million ($6. 632.88 million bolivianos) and suspended operations in November 2019; Empresa de Papeles de Bolivia (Papelbol) which meant an investment of 162.4 million bolivianos ($23.3 mn)and has not been operating since 2020; and Ebococa, which cost 11.2 million bolivianos ($1.6 mn) and paralyzed since 2014.

Agriculture: Substitution of fuels will save $250 mn

The agro-industrial sector offers to replace fuel imports, saving $250 million by reactivating ethanol production, which is clean energy. In addition, it could generate electricity with biomass and save natural gas consumption for the country. The agroindustry can process 300 million litres of anhydrous ethanol and provide electric energy with more than 160 megawatts (MW) … Continue reading Agriculture: Substitution of fuels will save $250 mn

EBA and Sernap sign an agreement to produce 120 t of honey per year

Empresa Boliviana de Alimentos y Derivados (EBA) and the National Service of Protected Areas (Sernap) signed yesterday an interinstitutional agreement to produce 120 tons of honey per year. The interinstitutional agreement establishes the implementation of 4,000 hives in protected areas located in the departments of La Paz, Cochabamba, Chuquisaca, Tarija and Santa Cruz.