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Article

15 May 2008

Author:
Liezel Hill

Venezuela blocks openpit mining – report

Mineral-laden Venezuela on Thursday shut the door to new gold projects and threatened other mining and logging concessions...Environment Minister Yuviri Ortega said the South American country will not give permits for any open-pit mines...Citing ecological damage, Ortega said the government was also revising all its mining and timber concessions. [refers to Crystallex, Gold Reserve]