HAVANA, Cuba (ACN): Cuba and Venezuela are developing more than ten collaboration projects in the Geology and Mining sectors as part of a comprehensive cooperation agreement between the two nations. In statements to the “Opciones” economic and financial weekly magazine, Avilo Lavarca, president of the Venezuelan Institute of geology and mining, said that the first goal is to identify, quantify and explore gold, diamond, salt, limestone, and nickel mines.
Another objective is to train the needed human resources to make Venezuela a mining power. Lavarca explained that the projects, mainly in the area of geological research, are being developed by the Geominera Company and the Ministry of Mining, to create entities to exploit mineral resources available in Venezuela.
Currently, there are 60 Cubans cooperating in 11 projects, most of them showing promising results in identifying and classifying reserves. In the nickel sector one of the cooperation projects is giving rise to a processing company that will be operational in Venezuela in two years.
“We have a wide gamut of geological specialists including in the areas of geology, mining, mineral resources, geophysics, topography, photo analyzing and remote sensors, laboratory research and business administration,” concluded Lavarca. |