Venezuela says to take over Crystallex gold project - "Venezuela will take over the giant Las Cristinas gold project operated by Canadian miner Crystallex, the government said on Wednesday, a new step by President Hugo Chavez to put key industries into state hands.

Venezuela's mining ministry said it aimed next year to start a mine at one of Latin America's largest deposits.

"This mine will be recovered and will be operated under state administration," the ministry said in a statement, citing on a local radio interview with mining minister Rodolfo Sanz." More
- 11/05/08 | Item |


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