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By Ellsworth Dickson
Bolivia, a South American, land-locked country of 11.6 million, has had a tumultuous social and political past, while at the same time, has seen mineral production continue for some 500 years – since before the time of the Spanish Conquistadors.
For much of this time, foreign investment in the resource sector was not encouraged. However, things have changed and the government is now actively seeking foreign investment to develop its mining sector which is very underdeveloped despite significant resources of zinc, gold, silver, tin, antimony, iron ore, copper, tungsten, sulfur, potassium, borax, semi-precious stones and lithium. Bolivia has the world’s largest silver producer – Cerro Rico – with 1.6 billion ounces of silver and the world’s second-largest lithium reserves, estimated at 9 million tonnes, or about 25% of known global reserves. ....

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