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Venezuela under Chávez

Publishing Date
14 Mar 2013 5:36pm GMT
Mining Journal

After the news last week of Venezuelan president Hugo Chávez’s passing, we have collated a few noteworthy articles from during his reign.

Production & Markets, August 2011: Chávez grabs gold

Mining Journal covers the unfolding news that leads to Hugo Chávez signing the decree to formalise the nationalisation of Venezuela’s gold mining industry.

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Exploration & Development, February 2011: Crystallex told Cristinas contract cancelled

Venezuela’s state mining company cancels yet another operating contract, this time Crystallex International loses Las Cristinas gold project in the Bolivar state.

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Production and Markets, April 2010: Chávez targets illegal gold miners

Mining Journal talks to analysts Ambrian Partners about President Chávez’s weekly broadcast concerning the illegal exploitation of gold in Venezuela.

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Finance, December 2009: China provides credit line for Venezuelan state mining company

Corp Venezolana de Guayana confirmed that were to receive a US$1bn line of credit from China Development Bank in exchange for iron ore and oil.

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Focus, November 2005: Venezuela takes the socialist route

The Mining Journal looks at Mr Chávez’s ‘21st century socialism’ and how the change to state control of mining concessions put mining companies like Crystallex International into a spin.

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Read articles from the latest Print Edition - MJ 17/10/14

Professional PlacementsProfessional Placements: Executive Director - PDAC

The Prospectors & Developers Association of Canada (PDAC) is seeking an Executive Director (ED) to oversee its operations from its headquarters in Toronto, Ontario

Russian precious metals company Polymetal International plc’s commitment to establishing an extensive pipeline of growth projects has continued with the acquisition of the Kyzyl gold project.
Russian precious-metals company Polymetal International plc has made significant progress at the Semcha platinum-group metals (PGM) property in the past year as it moves the project towards a preliminary economic assessment
The Republic of Guinea intends to launch, pursuant to the mining Code, a competitive and transparent invitation to tender for three bauxite mining blocks located in the prefectures of Boffa, Boké and Télimélé.
Indochine Mining Limited is developing a high-grade gold project at Mt Kare in PNG by rapidly developing wide, high-grade gold zones
Sarama Resources is a West Africa-focused gold explorer with substantial landholdings in Burkina Faso, Liberia and Mali.

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