Bolivia: Gov't, indigenous communities agree to nationalise mining company

[Judi Lynn]

Bolivia: Gov't, indigenous communities agree to nationalise mining company
Monday, August 6, 2012

Bolivian President Evo Morales applauded on July 10 the agreement struck with indigenous peoples from the mining town of Mallku Khota, in the north of Potosi, to nationalise a Canadian-owned mining company.

Morales said the agreement ensures the state can continue recuperating natural resources to benefit the Bolivian people.

The head of state met with leaders from the ayllus (indigenous communities) in this region that were demanding the concession granting to the Canadian company South American Silver (SAS) be annulled.

The agreement says the mine will be nationalised via a Supreme Decree.

Morales said: “These natural resources belong to the state, and therefore to the Bolivian people, which is why the national government should carry out the process of exploitation and exploration, with the participation of the indigenous communities in this zone; that is what we have agreed upon.”

More:
http://www.greenleft.org.au/node/51802

[Peace Patriot]

1. It's about time!

The Canadian transglobal monsters are as bad as the U.S. transglobal monsters. Both are really REALLY bad actors in Latin America. I am very glad to see Bolivia and other LatAm countries with leftist governments at long last kicking them out--something we should be doing HERE (and Canadians should be doing)--pulling their corporate charters, dismantling them and seizing their assets for the common good. And, if they take a powder and move their headquarters to Singapore or the UAE, we need to forbid them doing business in our countries.

We have that right, as the Bolivians do, to make the rules for business. That is what our sovereignty is all about. That is why our Founders replaced George III with "we the people." We are, collectively, the sovereign rulers of our country. This "declaration of independence" has become a joke here (and a joke of a slightly different kind in Canada) but it is being reasserted by the historic leftist democracy movement in Latin America, particularly in South America.

I applaud it! They are creating real democracy, while we are fast losing ours to Corporate Rule--even including corporate-run, 'TRADE SECRET' voting machines all over the U.S., in every state, largely (70%) controlled by one, private, far rightwing-connected corporation (ES&S, which bought out Diebold).

Sad--immensely sad--but true. Time for us to wake up, like the Latin Americans are doing, and take back our sovereignty!