SPOILER ALERT!
Bolivia's Comibol reaches wage accord with zinc-tin miners
Bolivia's state mining company Comibol has actually reached a labor agreement with workers at its Colquiri zinc-tin mine, mining priest Cesar Navarro stated Thursday.
Colquiri's employees will obtain a 5% salary increase this year, while Comibol is examining a comparable wage increase for staff members at its Huanuni tin mine, Navarro claimed in a declaration.
Colquiri produced 4,230 mt of tin as well as 15,700 mt zinc in 2015, according to the current figures offered from Comibol. Huanuni, which brought online an expansion that doubled capacity at its concentrator plant to 3,000 mt/d in 2015, created 8,438 mt of tin in 2015.
Bolivia's 80,000-strong mining labor force was the driving pressure behind nationwide objections versus President Evo Morales' government that left at the very least 6 dead in 2016.
The Andean nation raised mining export revenue by 9% year-on-year to $1.9 billion in 2014 as metals prices rebounded. Zinc exports rose 13.5% to $982.7 million in 2016, while refined tin gained 15.8% to $295.2 million, according to the National Data Institute.
In other mining information, Comibol prepares to hold talks in the 3rd quarter with local government officials and geological service Sergeomin to study funding for the Pacocahua as well as Negrillos mining projects and also a gold refinery in the southwestern highland Oruro department, Navarro said.
The Pacocahua property, which Navarro compared in dimension to Sumitomo's San Cristobal zinc mine, has sources of 62.4 million mt grading 0.05% zinc, 0.06% lead and 51 g/t gallium, while Negrillos has 2.2 million mt grading 0.5% lead, 1.27 g/t silver and also 1.2% manganese, according to Comibol's 2015 report.
" Pacocahua could be even bigger than San Cristobal, which is a first-rate deposit which can process 50,000 t/d," Navarro stated in the statement. " my home page can be a task in the very same course in Oruro."
Head of state Morales in 2015 promised to spend $2 billion through 2020 in mining and also refining projects to enhance the landlocked country's metals exports.
Colquiri's employees will obtain a 5% salary increase this year, while Comibol is examining a comparable wage increase for staff members at its Huanuni tin mine, Navarro claimed in a declaration.
Colquiri produced 4,230 mt of tin as well as 15,700 mt zinc in 2015, according to the current figures offered from Comibol. Huanuni, which brought online an expansion that doubled capacity at its concentrator plant to 3,000 mt/d in 2015, created 8,438 mt of tin in 2015.
Bolivia's 80,000-strong mining labor force was the driving pressure behind nationwide objections versus President Evo Morales' government that left at the very least 6 dead in 2016.
The Andean nation raised mining export revenue by 9% year-on-year to $1.9 billion in 2014 as metals prices rebounded. Zinc exports rose 13.5% to $982.7 million in 2016, while refined tin gained 15.8% to $295.2 million, according to the National Data Institute.
In other mining information, Comibol prepares to hold talks in the 3rd quarter with local government officials and geological service Sergeomin to study funding for the Pacocahua as well as Negrillos mining projects and also a gold refinery in the southwestern highland Oruro department, Navarro said.
The Pacocahua property, which Navarro compared in dimension to Sumitomo's San Cristobal zinc mine, has sources of 62.4 million mt grading 0.05% zinc, 0.06% lead and 51 g/t gallium, while Negrillos has 2.2 million mt grading 0.5% lead, 1.27 g/t silver and also 1.2% manganese, according to Comibol's 2015 report.
" Pacocahua could be even bigger than San Cristobal, which is a first-rate deposit which can process 50,000 t/d," Navarro stated in the statement. " my home page can be a task in the very same course in Oruro."
Head of state Morales in 2015 promised to spend $2 billion through 2020 in mining and also refining projects to enhance the landlocked country's metals exports.
