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Latest Andean Community of Nations Stories

2008-09-12 09:00:45

Bolivia crisis cuts natural gas supply to Brazil by half RIO DE JANEIRO, September 11 (Xinhua) -- The political crisis in Bolivia led to a 55-percent reduction in the country's natural gas supply to its biggest customer Brazil, Transierra pipeline company said in a statement on Thursday, The reduction was due to malfunction of a pipeline in southeastern Bolivia. It remains unclear if it was a technical problem or an act of sabotage. It is the second incident with Bolivia's pipelines...

2008-09-11 09:00:41

Attack on gas pipeline in Bolivia reduces supply to Brazil LIMA, Sept. 10 (Xinhua) -- An attack on a gas pipeline in the south of Bolivia has reduced the country's export of natural gas to Brazil by 10 percent, said news reports from La Paz, administrative capital of Bolivia, on Wednesday. The attack, which took place on Tuesday, was organized by opposition forces which started a wave of protests in the east and south of the country, Santos Ramirez, president of the state-owned...

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2008-09-03 09:30:00

By Alvaro Vargas Llosa Little international attention has been paid to the recent conflict between the Peruvian government and thousands of indigenous people in the oil-rich Amazon region over President Alan Garcia's attempt to make it easier for tribal communities to sell their land. The issue contains lessons for the entire continent -- in which the tension between modernity and tradition is a recurring source of strife. In May and June of this year, the Peruvian government passed two...

2008-09-02 09:00:20

Colombia alerts public over probable contamination of river BOGOTA, Aug. 30 (Xinhua) -- Colombian government on Sunday alerted residents in the country's four northern provinces not to drink water or eat fish from the Magdalena river, where at least 116 cans of cyanide sank after a ferry accident. Luz Amanda Pulido, director of the Attention and Disasters Prevention Bureau,told the press that although the cans were sealed, it is still possible the cyanide could spill out. At least...

2008-09-01 06:00:30

Text of report by Bolivian newspaper El Deber website on 24 August [Report by Rene David Moreno: "Gas: Negotiate Hard but Without Threats"] National and foreign experts who participated in the First International Congress Bolivia Gas & Energy 2008, which took place last Thursday [ 21 August], agreed to recommend the authorities to negotiate without threatening the oil companies interested in investing in oil exploration and exploitation in the country. In addition, they demanded a...

2008-08-28 09:00:59

Golden Eagle International, Inc. (OTCBB: MYNG) reported today that it is recovering gold at its C Zone operation in eastern Bolivia. The Company's first 778 grams (25 troy ounces) will be sold at a minimum price of $840 per troy ounce pursuant to a sales contract. The C Zone operation is estimated to be averaging between 60 and 200 tonnes per day (tpd). The Company has had to curtail mining activity on several days to dedicate earth-moving equipment to necessary infrastructure development as...

2008-08-20 12:00:45

Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman and CEO William Petty confirms he has received numerous inquiries concerning recently announced zinc content of Bolivia's Escala Mine. Mr. Petty also confirms that Franklin's Vice President of Operations for International Mining, Howard Dunn, P.E., is returning to Bolivia earlier than planned to supervise final testing and preparation for upcoming site visits by potential purchasers of zinc and other minerals. As previously...

2008-08-13 12:00:44

Golden Eagle International, Inc. (OTCBB: MYNG) today reported that it has purchased an additional 200 tonne-per-day (tpd) hammer mill for its C Zone gold mill in eastern Bolivia from its Brazilian manufacturer. The Company estimates that the mill will be delivered within the next three weeks based on the manufacturer's representations. The Company has also placed a deposit on a third hammer mill with an additional 200 tpd capacity to permit the manufacturer to finalize fabrication. Once the...

2008-07-22 09:00:55

Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman and President William A. Petty has returned to Bolivia to review and discuss the Escala's laboratory analysis and metallurgy reports prior to a full release of the mine's mineral content. "I am encouraged by the reports and analysis received from the SGS Laboratory in Ontario, Canada. The 250 samples taken from Escala in June 2008, packaged and shipped following the Colorado School of Mines' prescribed procedures, are...

2008-07-01 09:00:50

Peruvian miners strike for more profit sharing LIMA, June 30 (Xinhua) -- Some 85,000 mining workers in Peru started an nationwide strike with an indefinite term Monday, pressing Congress to pass a bill that would improve their benefits. The Federation of Peruvian Mining Workers, Peru's largest mining union, wants Congress to approve a law to eliminate caps on employee profit sharing so they can benefit more from the record high metals prices. The government of Peruvian President Alan...