Bolivia faces resistance from 500,000 local miners in mineral boom

Bolivia: Bolivia is a South American country with substantial deposits of copper, gold, silver, and other critical minerals. Under President Rodrigo Paz, the government is actively pursuing policies to attract international mining companies and develop these resources. The initiative faces significant resistance from the country's large network of local cooperative miners who control a major share of current extraction. Policy Direction: The current administration is advancing investor-friendly reforms and a new mining code to modernize regulations and encourage foreign investment in the sector. International Partnership: Bolivia signed a memorandum of understanding with the United States focused on cooperation in critical minerals development.