Thanks to the policy of recovery of concessions, the Venezuelan State has been able to recover more than half million hectares of gold that were in the hands of transnational companies in the state Bolivar.

It presented thus it the holder the Nacional Company of Gold (Minerven), Luis Herrera, in an interview granted to Agency Bolivariana de Noticias. “Through the administration of minister of the Popular Power for the Basic Industries and Minería (Mibam), Rodolfo Sanz, we are rescuing more of a million hectares that were given in the form of contracts and concessions from the Nineties to the transnational companies”, Herrera expressed.

Possibility of mixed company

Like example, the Cristinas mentioned to the mine. “This mine is paralyzed, because the State six years ago gave the opportunity him to Crystallex it administered so that it and the unique thing that happened there were speculations in stock-market of values, for that reason the State cannot have 30 million ounces in a site without being able to work it period of crisis in the heat of”, stood out. (ABN)