Potosi Province Mining Secretary Carlos Colque says the government will consider restarting a uranium mine at the Cotaje deposit.
In comments broadcast by Radio Fides and reported by Bloomberg Tuesday, Colque said the government is considering beginning production by 2010 if uranium reserves are confirmed.
He added that the province has invested about 2 million bolivianos ($283,000) in the project.
On March 27th, the United Nations atomic energy program said it would cooperate with Bolivia on the exploration and exploitation of uranium mines.
The National Service of Geology and Mining (Sergeomin) identified 11 locations with uranium deposits in the district of Cotaje between the towns of Huari in Oruro and Sevaruyo in the border area between both departments and the Mulato River in Potosi.
However, Mining Ministry Director Freddy Beltran said the central government isn't involved in the project at the Cotaje deposit. Bloomberg reported that Beltran said a uranium production plant in the same location closed 25 years ago.