After six hours of talks, Mr Morales promised a fund -
to improve working conditions for the miners -
Bolivia Miners call off protest -
Miners in La Paz - 7/2/2007
Investment fund -
Bolivia's President Mr Morales -
said the agreement marked a reconciliation with the mining
co-operatives, which about 55,000 of Bolivia's -
independent miners belong to -
"I've never thought about stamping out mining co-operatives,
as some have said," he said after the long meeting -
with mining leaders -
The miners want co-operatives to be exempt from a tax rise -
Bolivian miners have ended their protest in La Paz -
over tax increases after reaching agreement -
with President Evo Morales -
"This government belongs to the grassroots movements -
they (mining cooperatives) have been part of -
this government and they have to continue,"
Mr Morales added -
The president promised a $10m (£5.07m) government fund -
to invest in the mining co-operatives and said he -
would expand the area where they can mine -
Bolivia's extensive mineral deposits are state-owned -
The co-operatives had been staunch supporters of the
president until last October when they accused Mr Morales
of supporting state-employed miners in a violent dispute
at the Huanuni mine in which 16 people were killed -
Even before the protest began on Tuesday, the government -
went back on its plan to raise taxes on -
the independent miners.
Instead, officials said the tax increase would be directed -
at larger private mining companies -
President Morales wants to keep the small co-operatives -
on his side while still taxing the foreign energy companies,
the BBC's Americas editor Will Grant says.
Bolivia's mineral exports were worth more than $1bn last year,
but the government says it only collected $45.5m in taxes
from the mining sector.
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Franklin Mining SILVER Bullions Mar 2007 (NYMEX:SI.H07) - liveSilverchart -
Franklin Mining GOLD Bullions (FOREX:XAUUSDO) - liveGoldchart -
Franklin Mining - FMNJ -
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Fys. DD........ -
Cerro Rico – Bolivia –
Corporación Minera de Bolivia [COMIBOL]
and Franklin Mining Inc (FMNJ) -
investorshub.com
Subject 56926
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to find what is undervalued to oversold -
to find the great strategic bargain -
with the most potentials to growth -
profit etc. -
to be at the right place -
at the right time -
Compare Frankling Mining and PM's Mines -
to other mining companies -
Silver Deposits 20 Largest Undeveloped - Saved To The World's Liberty -
Fys. DD........
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IMO. TIA.
FMNJ - Mission -
investorshub.com
Subject 56926
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