jindal steel and comibol, new factors, page-22

Compensation or small part of jv? – We’ll know the answer soon


BOLIVIA: Comibol gold mine waiting control Amayamapa

The new mining law will define if you buy the shares at the New Vista company (now administrator of the site) or choose the reversal of the concesión.La Corporación Minera de Bolivia (Comibol) seeks to exploit the gold potential of one of the largest deposits rich in gold that is in the Amayapampa mine, located in northern potosino.El Comibol president, Hector Cordova said that the estimated reserves of this mine amount to more than one million troy ounces, which would bring profits up to $ 200 million anuales.Desde 1996 when the site was taken by community members, the company is trying to revive New Vista mine production without success, because so far not reached an agreement with community site who claim ownership of the mine


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