Wednesday, 5 September 2012

Behind Bolivia’s nationalization of Canadian mine

SEPTEMBER 5, 2012 – For the Financial Post, the actions of the Bolivian government in nationalizing a Canadian mine this summer, confirmed the country’s status as an “outlaw nation” (Grace, 2012). But for less biased observers, the reality was a little different. Responding to pressure from local indigenous communities the Bolivian government confirmed, August 2, that it would expropriate the operations of a Canadian-owned mining project. This represents in the short term, the success of local social movements in putting an end to violence created by the tactics of the corporation, and in the long term, one small step towards ending 500 years of foreign powers stripping the country of its natural resources.