Industrial and commercial South AmericaPeck, Annie S. (Annie Smith)
History
Industrial and commercial South America
Peck, Annie S. (Annie Smith)
South America; South America -- Economic conditions -- 1918-
The mining industry, at present the most important in Bolivia, is
likely to continue the leader for an indefinite period, although with
easy communication and large population in the lower districts it may
ultimately have a rival in forestal and agricultural products, or in
cattle, certain to be at least a very valuable adjunct. The mineral
riches of Bolivia may equal if they do not surpass those of Peru,
though except for silver and tin they are probably less known. They
include almost every variety of the precious metals, with others not
so classed. To mention a few of these, there are gold, silver, tin,
copper, bismuth, lead, antimony, tungsten, platinum, zinc, petroleum,
with fine marbles, alabaster, malachite, opals, emeralds, jasper,
borax, salt, etc. There are thousands of known lodes, but comparatively
few are worked. The statement of the scientist, Raimondi, that the
plateau of Bolivia is a table of silver supported on columns of gold
is declared by Walle to be no exaggeration. A few of the mining belts
where some work has been carried on will be mentioned.
=Gold.= At the present time little is done in the way of gold mining,
tin and copper being more fashionable. Another reason for inactivity
in this line is that the Bolivians possess the majority of the more
favorably situated holdings, which they refuse to part with except at
prohibitive prices or possibly at all, hoping some day themselves to
be able to operate them. It is true that in the early colonial days
enormous quantities of gold and silver both were produced and exported,
although obtained by crude mining methods. It is thought that with
modern machinery excellent if not better results may yet be obtained.
In the 210 years previous to 1750 more than 12 billion dollars worth of
gold was produced in the country. There has been a falling off since
then, but one family in the last century obtained over $3,000,000 from
their property. Between 1868 and 1900 over $120,000,000 is believed
to have been produced. In many sections gold is known to exist in
abundance and with further exploration it will doubtless be discovered
in others. It is found in alluvial deposits, also in veins or lodes of
quartz, from which the deposits are the washings. Veins of antimony
which are common in Bolivia contain gold in chemical or mechanical
mixture.
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