Markets
EUR/USD1.1681 0.18%GBP/USD1.3453 0.42%USD/JPY158.15 0.13%USD/CHF0.7834 0.19%AUD/USD0.7226 0.21%USD/CAD1.3716 0.06%USD/CNY6.8016 0.24%USD/INR95.82 0.05%USD/BRL4.9931 0.08%USD/ZAR16.46 0.35%USD/TRY45.51 0.16%Gold$4,555.90BTC$80,563 0.85%ETH$2,255 0.65%SOL$91.15 0.07%
South America

Mining groups stage antigovernment protest in Bolivia, explosions reported

Mining groups marched in Bolivia on Thursday demanding the resignation of President Rodrigo Paz, with explosions reported during clashes with police. Paz, elected on a platform of economic reform, is facing the first major street challenge of his presidency.

A wide view of an industrial lithium mining site in Bolivia.
Photo: Tom D'Arby / Pexels
Al Jazeera1 h ago

Mining unions in Bolivia held a major protest in La Paz on Thursday, demanding the resignation of President Rodrigo Paz. Explosions were reported during clashes with police, and authorities said several people were injured, though an official count has not been released. Tear gas was used to disperse the crowd.

The groups object to the government's approach on lithium mining and state subsidies. Bolivia holds one of the world's largest lithium reserves and is a watched player in the cobalt-nickel market. Paz was elected in November on a platform of economic stability and private-sector reform.

The protests followed the administration's recent moves on fuel subsidies and currency policy. Analysts say Paz must rebuild relations with the mining sector quickly. The march counts as the second large miner-led action in Latin America this year.

CommoditiesGeopoliticsEnergySouth AmericaAl Jazeera
This article is an AI-curated summary of the original story published by Al Jazeera. The illustration is a stock photo by Tom D'Arby from Pexels and is not from the original story.

More from South America