Close Menu
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    • Digital Subscription
    • Advertisement
    • Contact Us
    Facebook X (Twitter) Instagram
    The Tennessee TribuneThe Tennessee Tribune
    Advertise With Us
    • Home
      • COVID-19 Resource Center
        • Dr. Henry Louis Gates’ PSA Radio
      • Featured
    • News
      • State
      • Local
      • National/International News
      • Global
      • Business
        • Commentary
        • Finance
        • Local Business
      • Investigative Stories
        • Affordable Housing
        • DCS Investigation
        • Gentrification
    • Editorial
      • National Politics
      • Local News
      • Local Editorial
      • Political Editorial
      • Editorial Cartoons
      • Cycle of Shame
    • Community
      • History
      • Tennessee
        • Chattanooga
        • Clarksville
        • Knoxville
        • Memphis
      • Public Notices
      • Women
        • Let’s Talk with Ms. June
    • Education
      • College
        • American Baptist College
        • Belmont University
        • Fisk
        • HBCU
        • Meharry
        • MTSU
        • University of Tennessee
        • TSU
        • Vanderbilt
      • Elementary
      • High School
    • Lifestyle
      • Art
      • Auto
      • Tribune Travel
      • Entertainment
        • 5 Questions With
        • Books
        • Events
        • Film Review
        • Local Entertainment
      • Family
      • Food
        • Drinks
      • Health & Wellness
      • Home & Garden
      • Featured Books
    • Religion
      • National Religion
      • Local Religion
      • Obituaries
        • National Obituaries
        • Local Obituaries
      • Faith Commentary
    • Sports
      • MLB
        • Sounds
      • NBA
      • NCAA
      • NFL
        • Predators
        • Titans
      • NHL
      • Other Sports
      • Golf
      • Professional Sports
      • Sports Commentary
      • Metro Sports
    • Media
      • Video
      • Photo Galleries
      • Take 10
      • Trending With The Tribune
    • Classified
    • Obituaries
      • Local Obituaries
      • National Obituaries
    The Tennessee TribuneThe Tennessee Tribune
    National/International News

    Mining For Dollars: Foreign Companies Extract Latin American Minerals, But Not Without Controversy

    zenger.newsBy zenger.newsFebruary 5, 2021No Comments3 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Since colonial times, Latin America has attracted foreign investors searching for minerals, a process that involves large sums of money and a significant burden for the local communities.

    Mineral exploitation in Latin America and the Caribbean has been an essential income source for the subcontinent since the 16th century. Now, the region is the leading exporter of gold, silver, lead and copper. Brazil exports iron as well.

    The most sought-after minerals are lithium and niobium, fundamental to the tech industry.

    Unfortunately, mining has had an adverse impact on Latin America’s natural resources local communities.

    “The mining problem is serious in Mexico and other Latin American countries,” said Alejandra Casso, a Mexican environmentalist, emphasizing the population suffers social, health and economic consequences.

    Sludge rivers leave a costly mark on the land, much of which is inhabited by Indigenous groups. *** Los ríos de lodo industrial dejan una marcan costosa en la tierra, mucha de la cual es habitada por grupos indígenas. (Ivan Bandura/Unsplash)

    Companies that do not observe acceptable environmental practices might dump industrial waste in rivers or lakes and affect water quality or impact the mine area’s biodiversity.

    Often located on indigenous lands, metal mining zones also face conflicts between locals, government officials and mining companies that sometimes receive immediate but short-term solutions. Long-term problems usually do not get resolved.

    Political demonstrations demanding workers’ rights, better working conditions, adequate gear and supplies, and better care of the environment have been the norm in Mexico for decades. Activists mediate among the affected populations, the government and international agencies.

    “The mining industry steals our wealth, leaving behind great losses. They damage agricultural lands, pollute rivers and affect the whole environment,” said Casso.

    Mining activity in Peru has devasted the landscape. *** La actividad minera en Perú ha devastado el paisaje. (Fabio Hanashiro/Unsplash)

    While activists believe that mining corporations profit greatly with minimum investment and damage the land, others argue they invest and create jobs.

    Often, governments aid companies by lessening legal and regulatory constraints.

    “The problem is that mining companies offer development and employment, but they never warn of the great consequences that mining brings,” said Casso.

     

    Latin American governments usually grant companies the concessions they need in exchange for their economic investment.

    That happened in the Huichol nation’s sacred lands in northern Mexico. The government gave the Canadian First Majestic Silver Company more than 70 mining concessions, despite the opposition of the Huichol people and the Wirikuta Defense Front. At least 60,000 people joined the Wirikuta Fest — a concert supporting the Huichol nation — in 2012. The mining company then announced it returned some of its concessions to the Native community — which turned out to be false.

    Critics worry that many countries don’t strike a balance between the purported economic and fiscal benefits and the costs to the environment, community displacement and social conflict, according to American University.

    Asian countries have recently joined extractive ventures in Latin America.

    (Translated and edited by Gabriela Olmos. Edited by Fern Siegel)



    The post Mining For Dollars: Foreign Companies Extract Latin American Minerals, But Not Without Controversy appeared first on Zenger News.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    zenger.news
    • Website

    Related Posts

    Parents of Newborns Should Know: SSN Required to Access New “Trump Accounts” Benefit

    December 6, 2025

    Facing Fire and Funding Cuts, Farmer Fights to Save His Land

    November 19, 2025

    MacKenzie Scott’s Billion-Dollar Defiance of America’s War on Diversity

    November 17, 2025

    Rev. Jesse Jackson remains hospitalized, family says his condition is stable

    November 16, 2025

    OP-ED: Face the Fight and the Power of Collective Action This Veterans Day

    November 10, 2025

    A Heartfelt Tribute to Our Veterans

    November 9, 2025

    Comments are closed.

    Advertisement
    https://www.youtube.com/watch?v=IZODr-6rxyI
    Business

    Jay Walker Launches REVIVE, a National Network Headquartered in Nashville

    December 14, 2025

    TN Tribune Publisher Rosetta Miller Perry featured by Nashville Entrepreneur Center

    December 13, 2025

    Building Your Emotional Emergency Fund

    December 9, 2025
    1 2 3 … 395 Next
    Education
    Education

    Head Start Ignites the Fire to Learn

    By Dr. John WallaceDecember 12, 2025

    BLACKPRESSUSA NEWSWIRE — Dr. Wallace shared his success story with the National Head Start Association.…

    Meharry Selects Dr. José E. Rodríguez to Lead School of Medicine Family and Community Department as New Chair

    December 11, 2025

    Tennessee Promise Applications Hold Strong with More Than 67,000 High School Seniors Applying for the Scholarship

    December 2, 2025

    MNPS Cuts the Ribbon on New, Sustainable Lakeview Elementary

    November 24, 2025
    The Tennessee Tribune
    Facebook X (Twitter) Instagram
    • About Us
    • Digital Subscription
    • Store
    • Advertise With Us
    • Contact
    © 2025 The Tennessee Tribune - Site Designed by No Regret Media.

    Type above and press Enter to search. Press Esc to cancel.

    Our Spring Sale Has Started

    You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/