There is an addition to this article, Chavez mentions largest gold mine the world worth $30,000 million dollars. The article yesterday did not mention this and was from a VZ news outlet. This article is from a Chinese news outlet.

Chinese Technical Committee for mining projects visit Venezuela
Editor: Rocio
11/10/2010 9:07:00 / Xinhua
A committee of Chinese engineers arrived in Caracas on Sunday to discuss a number of mining projects in the South American nation, said on Sunday Venezuela's President Hugo Chavez.

"They come to work with us to cooperate in the design of technology to work with iron, gold," said Chavez during the broadcast of his television program "Hello President", in which he emphasized with particular emphasis the importance of relations with China.

Since April this year, Chinese technical committees have visited Venezuelan territory on several occasions, in order to study the feasibility or to continue with bilateral projects, following the signing of the credit for $ 20,000 million from the Development Bank of China.

The Minister of Basic Industries and Mining, José Khan, said a Venezuelan delegation and Chinese visitors will form working groups to discuss the expansion of Siderurgica del Orinoco (Sidor), and quantify the gold reserves of Venezuela.

"There is a mine which is the largest in the world. According to data, there are about 30,000 million dollars in gold and according to studies from China, we have enough coltan," said Chavez.

Earlier, Chavez said he signed the authorization for a contract for 5,000 million dollars with some Chinese and Italian companies, which will allow the installation of the section "The Crossroads" Cagua "Central Railway System.

According to calculations by the Venezuelan government, Venezuela has some 7,750 million tons of coal, 14,500 million tons of steel and 4,253 tons of gold.

Venezuela is the fifth largest trading partner of China in Latin America. Until June of this year, the countries share a trade balance of 6,500 million U.S. dollars, according to Chinese government data. End

http://spanish.china.org.cn/international/txt/2010-10/11/content_21095228.htm