Category: Business

Information regarding the business sector.

Gas negotiations with Brazil and Argentina could impact volume of shipments

Bolivia is in contact with Brazil and Argentina to review the gas agreements with the two countries. According the Hydrocarbons Minister, Luis Alberto Sanchez, said that the negotiations will impact on the volume of shipments but it can be expected that the prices will not change. However, regional authorities in Bolivia feared that the new contracts will have a negative impact on royalties.

Bolivian mine loss millions of dollars because of​ illegal operations

Illegal extraction of tin in Huanuni, one of the most important mining centres in Bolivia, have caused the loss of $US2 million in the first eight months of this year. The former president of Bolivia’s Mining Corporation (COMIBOL) Hector Cordova, warned that there is a lack of scientific control of the mining activities that favour the illegal extraction of tin, an activity known as “juqueo”.