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 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.
Bolivia imports 200 tons of mercury due to the low tariff rate of less than 4%, neighbouring countries, Brazil, Chile and Peru, no more extended import because importing this mineral is prohibited. This fact happens even though the country signed the Minamata Convention in 2016.
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.
Figures from the Central Bank of Bolivia (BCB) indicate that NIR, as of May 14, is at $4.76 billion with foreign exchange below $1.92 billion. The Central Bank says it is enough for seven months of imports. Experts call for export incentives.
The bovine cattle complex in Bolivia grew 144% in the value exported to China in the first quarter of this year, and Russia, in the same period, burst into the customer portfolio with the purchase of 268 tons. It went from $11 million in the first quarter of 2020 to $26.8 million in the same period of 2021.
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
After generating a loss of 40 million bolivianos in 2020, Empresa Boliviana de Alimentos y Derivados (EBA) generated 76 million bolivianos in revenues in the first four months of this year (January to April).
The government reported on Thursday that gold production valued at at least US$1.8 billion smuggled out of the country without paying royalties or generating foreign currency.
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.