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28 July, 2005
In Bolivia, a short gold strike ended last week between 200 miners and Canada’s Orvana Minerals Corp., of which Bolivia’s largest mining house Cia Minera del Sur (Comsur) owns just over one-half. The company’s Don Mario mine began full-scale operations in 2003 after Comsur put major capitalization into the southeastern Bolivian mine in exchange for 50% plus one share ownership. Production at the mine has been ramped up since without adequate compensation. The one-year wage settlement is said to be consistent with other agreements reached in the Bolivian mining industry this year.