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Oruro always had mining vocation, basing its economy on the lead exploitation, antimony, silver and tin. In the Colony it was the silver, starting from the 20's of the XX century were the tin, until in 1985 the prices fell down, it was caused by the closing of operations that meant the dismissal of about 30.000 workpeople of the subsoil. Now it is the peak of the gold that is exploited by transnational companies.
San Miguel's mines, La Salvadora, Itos, San José and Huanuni contributed in the past to the development of Europe and the State of Bolivia.
After the recovery of the prices of the metals, Oruro again is constituted in an important factor to generate economic resources. In 2003, for the Tax Complementary Miner (ICM) it contributed to the arks of the Prefecture with 3.490.450 dollars; in 2004 with 4.631.769 dollars, in accordance with the data registered in the Address of Sectoral Politics of Viceministery of Mining.
The production of concentrated minerals in Bolivia meant last year for the State an entrance of 511.411.499 of dollars. In spite of these figures, the Government doesn't have a mining politics for Oruro |
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At the moment, the biggest item occupies it the mining of the gold. The most important mining companies are: Huanuni, Inti Raymi and others in reactivación process like the mine of San José that is in the same city. In their jurisdiction it is also the Metallurgical Company of