Bolivia has the minerals. The question is how to turn that potential into real production growth.
A recent report from Harvard's Growth Lab puts this into perspective.💡
Bolivia’s mineral exports reached around US$5 billion in 2025, representing 52% of the country’s total exports. But the report notes that much of this growth came from higher metal prices, not higher production.
That matters because the country has not added major new sources of supply in years! ⚠️
🔹No large-scale mine has opened in Bolivia since 2008. This means the country is still relying heavily on older mines, instead of bringing new large projects into production.
🔹Bolivia exported US$295 of minerals per person in 2024, compared with US$2,818 in Chile and US$1,362 in Peru. This shows the gap between Bolivia and nearby mining countries that have turned more of their geology into producing mines, exports, and revenue.
🔹Around 60% of Bolivia’s geology remains unexplored. This means a large part of the country has not been fully studied yet. More exploration is needed to understand what resources could be there.
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@NewPacific_ was noted as one of the few companies making meaningful greenfield exploration investments in Bolivia over the past decade. This highlights why new exploration matters. It is the first step in building the next generation of mining projects.
The resources are there. The demand for metals is there. The next step is turning more of Bolivia’s mineral potential into exploration, development, production, jobs, exports, and long-term growth.
Read the full Harvard Growth Lab report:
growthlab.hks.harvard.edu/wp…
$NUAG.TO $NEWP #Bolivia #Mining #Silver #Exploration #NewPacificMetals