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Message: venezuela's ministry of basic industries and mining (Mibam) plans to review 73.1

Re: venezuela's ministry of basic industries and mining (Mibam) plans to review 73.1

posted on Dec 06, 2008 06:30AM

Last nights BNA article is similar to this one from Nov 18:



Assessments of their expiration or termination, to maximize its use
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The Ministry of Basic Industries and Mining (Mibam) planned to review
73.1% of the mining concessions in the country, for the purposes of
consider the "revocation or extinguishment of those rights.

Notes a report on institutional policies that relate to the
Mining activity, produced by that office, which exist in the country
357 concessions extended over an area exceeding 630 thousand
hectares. Of that total, 261 concessions will be reviewed by the
authorities with the aim of "maximizing the use
rational and sustainable use of minerals, as an instrument of
development of the territorial lines, with an emphasis on gold,
diamond, nickel, bauxite, limestone, coal, salt and feldspar, among
others. "

In the Guayana region are 242 concessions and 181 will be revised
(75%), in central-Llanos 32 and 28 will analyze their
current condition (88%), among Zulia-Falcon have been detected 56 and
30 which will be analyzed (53.5%) in the Andes 24 and 21 are
susceptible to be evaluated (87.5%) and in the northeastern region
and island There are 3 and 1 is within the official target.

And of mining contracts entered into by the Corporation Venezolana de
Guayana (CVG), there are 315, of which 33 are active and 282
inactive
, says the document from the Ministry.

The purpose of this process is evaluatorio "reverse and recover
expired concessions and contracts terminated
. And
recover property that by law revert to the nation, in cases
Specific Block B, Mina Isadora, Revemin, Grant Camorra. "
And at the same time, the document warns, "to consolidate the
collection established in the mining area. "

The Ministry urged to follow the "current situation and
Future of the Las Cristinas gold deposit, at kilometer 88
The Claritas sector of Bolivar state
.

Also that of "encouraging the development of the mining industry" in
the territory, through work of exploration, exploitation,
rational and sustainable exploitation, processing,
industrialization and marketing of minerals, especially
in the gold and diamond. "

Among the policies developed by the Mibam, "promotion of
relationships with international partners to form the
new geopolitical map
, designed to ensure complementation
of the productive capacities of the value chains of the
basic industry and mining, training, technical assistance,
technology transfer and incorporation of national components
and the use of environmentally sustainable technology. "

Greater control of the Mining Policy Institutional specifies as
strategic objectives "to control and manage the mining activity
gold and diamond, and also to increase control in the area
non-metallic, under the jurisdiction of the executive branch (the
case of feldspar and limestone).

It is further pursue the centralization of production
coal from the state, under the concept of joint venture
State corporations, facing the global energy crisis. The
report emphasizes "the control and monitoring of the fiscal
production and exploitation of coal in Zulia state (CORPOZULIA) and
in the state Tachira (Corpoandes). "

There is the provision of support and encourage the production of coke
which ensures the supply to the industry of Guyana, through
the National Mining Company.

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