Venezuelan President Hugo Chavez's government will take over and nationalize La Cristinas, the biggest gold mine in the country owned by Canada's Crystallex, Mining Minister Rodolfo Sanz said Wednesday. The move is part of leftist Chavez's socialist agenda that calls for nationalizing Venezuela's natural resources.
(Snip) ''This mine will be seized and managed by a state administration''
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[the 'prequel':]
The Glories of Socialism
October 13, 2008
Hugo Chavez has ruined the Venezuelan oil industry.
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Friday, November 7, 2008
Chavez takes over biggest gold mine in Venezuela
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