Great concessionaires run risk of being removed from the deposits, according to set out without majors details the past president Chávez weekend.

The mining activity cause devastating consequences when it is not controlled. Photo William Urdaneta

Internal sources of the Ministry of Basic Industries and Mining (Mibam), reveal that the estatización is “an error” because according to is established in the Law of Mines the S-state proprietor of all the minerals that there are in the national territory, which are administered under the figure of the concessions.

These concessions can be revoked by certain breaches, which guarantees the possibility of returning to the country the deposit that is used illegally or to the detriment of the interests of the nation.

Taking into account the nationalization, it is - in opinion of the source an unnecessary measurement that beyond safeguard minerals drives away the possibility of investments in auriferous and diamantíferos deposits.

On the other hand, one of the excuses for the taking of this decision is the devastation that causes the small illegal mining in the river basin of the rivers Caroní, Paragua and Caura, which is being fought for some days by cash of the Armed Forces.

On a par of this situation president Chávez expressed “here the concessions cannot be given so that the mines finish to the forests, and that we have the most important paper that to play, they are a crime… How it is the forest with the operation of gold, people like crazy person, Capitalism looking for gold, that are necessary to stop it”. (NG)