Venezuelan President Hugo Chavez said on Wednesday he plans to nationalize the gold sector – including extraction and processing – and use the production to pad the country’s international reserves.
Mr. Chavez, speaking on state television, said he would carry out the nationalization through a decree in coming days.
http://www.theglobeandmail.com/report-on-business/international-news/latin-american/venezuela-to-nationalize-gold-industry/article2132413/?utm_medium=Feeds%3A%20RSS%2FAtom&utm_source=Globe%20Investor&utm_content=2132413
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