Corporación Minera de Bolivia

After a period of inactivity following the 1985 Bolivian economic crisis, COMIBOL was revived in 2006 and today holds an important, if diminished, place in the country's economy.

[1][2] COMIBOL was the principal Bolivian public company for many decades after its creation, being the country's main source of foreign currency and its biggest employer.

As of November 2014, COMIBOL was the country's third-largest public company based on revenue, after YPFB and the Empresa Metalúrgica de Vinto.

It's estimated that during the government of the Revolutionary Nationalist Movement in this period, COMIBOL transferred more than 100 million dollars to YPFB.

[10] Due to its high mineral content, Huanuni was the only COMIBOL mine that did not close in 1985, after the tin market crisis and Supreme Decree 21060.

In the end, the government opted to hired the cooperative workers as employees, increasing COMIBOL's payroll.

A COMIBOL logo
An emblem at the COMIBOL building in La Paz
A chart showing the proportional export values of COMIBOL (in yellow), small mining (in red), and mid-sized mining (in blue).
The proportional export values of COMIBOL (in yellow), small mining (in red), and mid-sized mining (in blue).
A mural at the COMIBOL archives
A mural at the COMIBOL archives