GW...you're full of shit. That only applies to "abandoned or idle mines". What a moron. Why don't you do some DD before posting mindless nonsense like that?

"...Caracas, Venezuela, June 23, 2006—On Tuesday, the Venezuelan National Assembly (AN) unanimously took the first steps towards passing reforms on the Venezuelan Mining Law, which could force companies with abandoned and idle mines to form joint ventures with the Venezuelan state. The move is similar to this past year’s shift in Venezuelan hydrocarbon policy, which forced oil companies to form joint ventures with Venezuela’s state oil company PDVSA."

http://www.venezuelanalysis.com/news...