Glencore response to the nationalisation of the Colquiri mine in Bolivia
posted:
22/06/2012
Glencore response to the nationalisation of the Colquiri mine in Bolivia
22 June, 2012
Glencore International plc (“Glencore”) today received a signed Supreme Decree from the Government of Bolivia, nationalising the Colquiri mine in the Bolivian province of La Paz, with immediate effect. Glencore's immediate focus is to seek an orderly handover of control of Colquiri with the Bolivian authorities and to ensure the well-being of its staff. Colquiri has been developed and operated, pursuant to rights granted by the Government of Bolivia, by Sinchi Wayra, a company owned by Glencore since 2005...