Mining has been the backbone of the recent growth of Bolivia and Peru. It also seems to be potential money spinner for their Andean neighbour, Ecuador. But despite certain ideological similarities, when it comes to mining, the approaches of their leaders seem to differ.
In Bolivia, after some protracted protests, the government of Evo Morales on Thursday signed a decree authorizing the seizure of a silver deposit operated by South American Silver, part of a Canadian mining group. Continue reading »