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COMIBOL |
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The Presidential Decree 29117 of May 1, 2007 also designated all unclaimed mineral resources within the national territory as a Mining Fiscal Reserve to be administered by Bolivia's national mining company, COMIBOL. Sumitomo's $224 Million Acquisition of an Interest in San Cristobal Mine Confirmed as Safe: Bolivia's President, Evo Morales, stated Tuesday, March 6, 2007 from Japan that Bolivia's recent repossession of the Vinto Tin Smelter formerly owned by COMIBOL, Bolivia's national mining company, did not signal that his government would consider the expropriation of any private mining assets or properties within Bolivia. CEO, Jaime Melgarejo announced today the partnership between COMIBOL and Franklin Mining is official. |
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