Thanks Artie, I do remember some of that and it looks like they are gearing for a 2010 start up from this article Oct 17:

In 2010
Venezuela considers to rejoin the Kimberley Process
The temporary withdrawal of Venezuela from the Kimberly Process
was "the intention to prepare thoroughly, and return as an organized
country and in the process of industrial diamonds," said the head of
the Ministry of People's Power for Basic Industries and Mining
(Mibam ), Rodolfo Sanz
After this year announced the suspension of Venezuela as a full
member of the organization, the National Executive is studying the
possibility of rejoining the certification mechanism of conflict
diamonds called Kimberley Process (KP) in 2010.

According to a news release from the Ministry of People's Power for
Basic Industries and Mining (Mibam), the proprietor of that entity
ministerial and president of the Venezuelan Guayana Corporation
(CVG), Rodolfo Sanz, explained that the temporary withdrawal of
Venezuela Kimberly Process was "the intention to prepare thoroughly,
and return as an organized country and in the process of industrial
diamonds."

The statement was made in connection with a visit to the country a
delegation of PK, who traveled with the purpose of verifying-
personally-policies that mining in the area carried the national
government.

"Our mining policy is the rational exploitation of strategic
resources," said the head of Mibam, Rodolfo Sanz, while adding that
this exploitation of the minerals will always be verifiable and
transparent to international agencies.

The delegation of the international organization which was headed by
the Hindu Pk Chaudhery, was received in Bolivar State-by-owner of
Mibam, Rodolfo Sanz, and the deputy minister of Mines, Ivan
Hernandez, where he conducted a tour to see the mining activity in
the region.

According to the Deputy Minister of Mines, Ivan Hernandez, the group
of foreign representatives are made a presentation on public policies
in this area develops the Mibam.

In that regard, he stressed that following the suspension, Venezuela
would require a time span of two years to adapt them, so joining the
PK again.

For his part, head Chaudhery Pk of the delegation, expressed
satisfaction at the welcome given to him by the national government's
team, an international organization, while also said to have been a
very good impression on those achievements for the country's economic
development - which is making the government of President Hugo
Chávez.

He acknowledged that having control of mining activity is not an easy
task, however, made available to the government all the support
mechanisms necessary expertise and guidance in terms mining could
provide the international certification process to Venezuela.

The Kimberley Process is a certification system designed to prevent
conflict diamonds entering the market for diamonds. It was created to
try to ensure that customers were not financing war or human rights
abuses with the purchase of diamonds. Between 99% and 97% of the
market for diamonds takes place between countries that are part of
the plan.

ABN

http://minci.gob.ve/noticias/1/18480...
html