Eduardo's Feed
Apr 23, 2010

Grass-roots warming summit calls for greenhouse cuts

TIQUIPAYA, Bolivia (Reuters) – Big polluting countries must aggressively cut greenhouse gases and listen to ideas from small nations to reverse global warming, activists and left-wing leaders concluded on Thursday at a meeting billed as an alternative to the failed Copenhagen summit.

The gathering in Bolivia’s Cochabamba region was meant to give voice to countries and environmental groups that said they were excluded from an active role at the Copenhagen summit in December, when world leaders negotiated behind closed doors.

Apr 22, 2010
via Environment Forum

Bolivia global warming summit: a lifeline for “Mother Earth”?

Photo

Changing the world is no doubt a daunting task but that’s what leftist Bolivian president Evo Morales and thousands of environmental activists, representatives of grassroots groups, and the envoys of some 90 governments are striving to do this week in the small village of Tiquipaya, in central Bolivia.

    The World People’s Conference on Climate Change and the Rights of Mother Earth started on Monday with a speech by Morales that was radical because it called for a new economic system, but was also peppered with some other surprises.
    Morales, an Aymara Indian who herded llamas as a boy and never finished secondary school, said that eating chicken fed with hormones causes “sexual deviation” in men and that European men lose their hair because they eat GM food.

Apr 16, 2010
via Environment Forum

Protest against Sumitomo Bolivia mine worsening

LA PAZ, April 16 (Reuters) – Bolivian peasants on Friday
stepped up their protest against the San Cristobal mine owned
by Japan’s Sumitomo Corp <8053.T>, overturning containers full
of mineral ore and saying they would keep blocking a key
railway line until their demands are met.

Protesters on Monday began the blockade of the rail line,
which allows the huge San Cristobal silver-lead-zinc mine to
export ore to foreign markets via neighboring Chile.

Apr 9, 2010

CRU/CESCO-Copper miners wary of looming cost run-ups

SANTIAGO, April 9 (Reuters) – The world’s top copper miners were
ebullient this year as the price of the bellwether metal has soared in
recent months, but many fear that the rising cost of energy, personnel and
equipment could begin to eat into profits, as new projects are brought
online.

The price of the metal used in construction and power hit $8,010 a
tonne earlier this week in London, its highest since August 2008 and less
than a $1,000 shy of its all-time high of $8,940 struck in July 2008.

Apr 9, 2010

Copper miners wary of looming cost run-ups

SANTIAGO, April 8 (Reuters) – The world’s top copper miners
are ebullient this year as the price of the bellwether metal
has soared in recent months, but many fear that the rising cost
of energy, personnel and equipment could begin to eat into
profits, as new projects are brought online.

The price of the metal used in construction and power hit
$8,010 a tonne earlier this week, its highest since August 2008
and less than a $1,000 shy of its all-time high of $8,940
struck in July 2008.

Apr 8, 2010

CRU/CESCO-Equinox upbeat on Zambia mine, eyes Uranium plant

SANTIAGO, April 8 (Reuters) – Equinox Minerals Ltd plans to
expand its Lumwana copper mine in Zambia and is in talks with
possible partners that will allow it to build a $200 million
uranium plant on the site, the company’s CEO Craig Williams
told Reuters on Thursday.

Australian miner, Equinox <EQN.TO> < EQN.AX>, is currently
ramping up output at Lumwana, one of the largest open pit
copper mines in Africa.

Apr 5, 2010

CRU/CESCO-Chile debating royalty rise, to honor deals

SANTIAGO, April 5 (Reuters) – Chile’s mining minister on
Monday reiterated his pledge to respect existing contracts as
the world’s biggest copper producer considers increasing
royalties in order to fund post-quake reconstruction.

In an effort to allay fears among miners who worried that a
rise in the 5 percent royalty rate could erode profits in an
industry still leery of making new investments, Mining Minister
Laurence Golborne told Reuters the contracts were inviolate,
but avoided any detailed comments on the subject.

Apr 1, 2010

Bolivia, China team up on communications satellite

LA PAZ (Reuters) – Leftist Bolivian President Evo Morales signed an agreement on Thursday that paves the way for the acquisition of a $300 million Chinese telecommunications satellite, the latest sign of deepening ties between the resource rich Andean country and commodity-hungry China.

The Morales government announced earlier this week that China will provide Bolivia with a $67 million loan to build infrastructure in the mineral-rich Oruro region and transportation equipment worth $2.6 million to the Bolivian armed forces.

Mar 15, 2010

Blackouts could hurt Chile’s copper output

SANTIAGO (Reuters) – Power distribution problems after a devastating earthquake in Chile could cut copper output more than 25 percent in the world’s top producer of the red metal, creating supply fears and lifting global copper prices.

The earthquake and ensuing tsunamis on Feb 27 killed hundreds of people, mangled roads and knocked down buildings in a pile of wreckage that could take years to rebuild.

Feb 22, 2010

Bolivia, Argentina near natgas exports agreement

LA PAZ, Feb 22 (Reuters) – Bolivia and Argentina are likely
to sign by March a contract amendment that will extend the
deadline for the Andean country to boost natural gas exports to
its wealthier neighbor, Bolivian Vice President Alvaro Garcia
Linera said on Monday.

Bolivia agreed in late 2006 to nearly quadruple exports of
natural gas to Argentina from the current maximum of 7.7
million cubic meters a day but, according to local media and
analysts, the two countries have been negotiating an amendment
to the deal for some months.

    • About Eduardo

      "Eduardo has been reporting from Ecuador since November 2011. He has written about the Andean country's oil industry, tensions between the government of President Rafael Correa and the media, and efforts by Ecuadorean plaintiffs to enforce an $18 billion ruling against U.S. oil company Chevron for polluting the Amazon. He was previously posted in Argentina where he covered the country's grains industry and in Bolivia where he wrote about President Evo Morales' efforts to give the majority Indian population more political power. Eduardo is a Spaniard who has also lived and reported in Guatemala and Britain."
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