The country’s long-time president has rankled foreign miners with harsh restrictions and outright expropriation. Would a post-Chavez Venezuela be any different?
Articles Tagged "expropriation"
Silver – South American Silver Corp. (TSX:SAC) responded to the Bolivian government's comments about its Malku Khota project, which was expropriated by the government in August. The Bolivian government claims — among other things — that it owes South American no money for the expropriation and that South American was operating illegally in Bolivia; South American asserts that all the government's claims are false.
Bolivia’s high-profile seizure of South American Silver’s silver-indium project sparked outrage in the mining community. Today we go inside some recent expropriations and look at how miners are responding.