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Economy

Mountain Of Silver? Mining Firm Says It's Hit Next Great Motherlode Of Bolivia

Centuries after Potosí, Bolivia’s legendary but now dried-up silver reserve, the small South American country may have struck a new enormous source of precious metal wealth. But locals may stand in the way.

Mining for other metals still takes place Potosí (Olmo Calvo)
Mining for other metals still takes place Potosí (Olmo Calvo)

POTOSí - In 1670, only two cities in the world had more inhabitants than Bolivia's Potosí: Paris and London. The Andean city had twice as many people as Madrid, whose population was about 100,000 at the time, about 50,000 more residents than Lisbon, and was roughly on par with Amsterdam, the center of the then nascent global capitalism.

What was the secret of Potosí"s success? Silver – quite literally a mountain of it. Legend has it that when family meals were over, locals would throw the silverware out the window rather than bother washing it. Eventually, however, the silver ran out. Poverty settled in. It was a textbook example of an enclave economy.

Except as chance would have it, Bolivia may have an opportunity to ride that same economic rollercoaster all over again. South American Silver, a Canadian company, estimates that a deposit called Mallku Khota, located north of Potosí, contains some 230 million ounces of silver – worth about $6 billion.

In addition, the site contains some 1,481 tons of indium and 1,082 tons of gallium, valuable ‘rare earth" minerals used in electronics manufacturing and modern defense systems. Mallku Khota, according to a South American Silver company report, could turn out to be "one of the biggest silver, indium and gallium deposits in the world." The estimate is that annual production will reach more than 13.2 million ounces of silver during the first five years of production.

But first, some $50 million are needed just to quantify what and how much of the various minerals the site contains. The company faces other challenges as well, particularly in the form of local opposition. Upset about South American Silver's prospecting efforts, residents from nearby communities took two police officers hostage in May. The conflict was resolved a few days later when Bolivia's mining minster, Mario Virreira, struck a deal with community leaders. But the accord is fragile: for environmental reasons, two of the area's 46 communities continue to oppose the mine.

Read the original article in Spanish

Photo - Olmo Calvo

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Green

Forest Networks? Revisiting The Science Of Trees And Funghi "Reaching Out"

A compelling story about how forest fungal networks communicate has garnered much public interest. Is any of it true?

Thomas Brail films the roots of a cut tree with his smartphone.

Arborist and conservationist Thomas Brail at a clearcutting near his hometown of Mazamet in the Tarn, France.

Melanie Jones, Jason Hoeksema, & Justine Karst

Over the past few years, a fascinating narrative about forests and fungi has captured the public imagination. It holds that the roots of neighboring trees can be connected by fungal filaments, forming massive underground networks that can span entire forests — a so-called wood-wide web. Through this web, the story goes, trees share carbon, water, and other nutrients, and even send chemical warnings of dangers such as insect attacks. The narrative — recounted in books, podcasts, TV series, documentaries, and news articles — has prompted some experts to rethink not only forest management but the relationships between self-interest and altruism in human society.

But is any of it true?

The three of us have studied forest fungi for our whole careers, and even we were surprised by some of the more extraordinary claims surfacing in the media about the wood-wide web. Thinking we had missed something, we thoroughly reviewed 26 field studies, including several of our own, that looked at the role fungal networks play in resource transfer in forests. What we found shows how easily confirmation bias, unchecked claims, and credulous news reporting can, over time, distort research findings beyond recognition. It should serve as a cautionary tale for scientists and journalists alike.

First, let’s be clear: Fungi do grow inside and on tree roots, forming a symbiosis called a mycorrhiza, or fungus-root. Mycorrhizae are essential for the normal growth of trees. Among other things, the fungi can take up from the soil, and transfer to the tree, nutrients that roots could not otherwise access. In return, fungi receive from the roots sugars they need to grow.

As fungal filaments spread out through forest soil, they will often, at least temporarily, physically connect the roots of two neighboring trees. The resulting system of interconnected tree roots is called a common mycorrhizal network, or CMN.

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