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Potosí

Potosí
View of Rich Hill (Cerro Rico) and National Mint
View of Rich Hill (Cerro Rico) and National Mint
Flag of Potosí
Flag
Coat of arms of Potosí
Coat of arms
Nickname(s): Imperial Villa (Villa Imperial in Spanish)
Potosí is located in Bolivia
Potosí
Potosí
Location in Bolivia
Coordinates: 19°35′S 65°45′W / 19.583°S 65.750°W / -19.583; -65.750Coordinates: 19°35′S 65°45′W / 19.583°S 65.750°W / -19.583; -65.750
Country Bolivia
Department Potosí
Province Tomás Frías
Municipality Potosí Municipality
Founded April 1, 1545
Government
 • Mayor René Joaquino Cabrera
Area
 • Total 118.218 km2 (45.6 sq mi)
Elevation 4,067 m (13,343 ft)
Population (2012)
 • Total 240,966
 • Density 2,000/km2 (5,300/sq mi)
Time zone UTC-4
Website Official website
Official name City of Potosí
Type Cultural
Criteria ii, iv, vi
Designated 1987 (11th session)
Reference no. 420
State Party Bolivia
Region Latin America and the Caribbean

Potosí is a city and the capital of the department of Potosí in Bolivia. It is one of the highest cities in the world at a nominal 4,090 metres (13,420 ft). For centuries, it was the location of the Spanish colonial mint.

Potosí lies at the foot of the Cerro de Potosí—sometimes referred to as the Cerro Rico ("rich mountain") — a mountain popularly conceived of as being "made of" silver ore that dominates the city. The Cerro Rico is the reason for Potosí's historical importance, since it was the major supply of silver for Spain during the period of the New World Spanish Empire.

The silver was taken by llama and mule train to the Pacific coast, shipped north to Panama City, and carried by mule train across the isthmus of Panama to Nombre de Dios or Portobelo, whence it was taken to Spain on the Spanish treasure fleets. Some of the silver also made its way east to Buenos Aires, via the Rio de la Plata.

Cerro de Potosí's peak is 4,824 metres (15,827 ft) above sea level.

Located in the Bolivian Tin Belt, Cerro Rico de Potosi is the world's largest silver deposit and has been mined since the sixteenth century, producing up to 60,000 tonnes by 1996. Estimates are that much silver still remains in the mines. Potosi became the second largest city, and the site of the first mint, in the Americas. By 1891, low silver prices prompted the change to mining tin, which continued until 1985. At peak production in the sixteenth and seventeenth centuries, the ore contained up to 40% silver.


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Wikipedia

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