Venezuelan gov't takes over Loma de Níquel mine
"The State will take control" of the mine "through Petróleos de Venezuela (Pdvsa)," said CEO Carlos Dini
"We already made the transfer to the Venezuelan State through records and all documents," as appropriate, CEO Carlos Dini said on the telephone.
"The State will take control" of the mine "through Petróleos de Venezuela (Pdvsa)," he elaborated. As a matter of fact, "today, they are operating the site."
Dini commented that the State refrained from taking over the company "with liabilities." Hence, "we are paying the whole staff off."
He recalled that Anglo American worked for 20 years in Venezuela. "At the beginning, we were in the exploration stage of the mine. However, we would run it for 12 years. President Hugo Chávez opened the company."
With reporting by Mariela León
A group of some 60 Venezuelan economists from across the country and from different generations and backgrounds, has met regularly in the past couple of years and now has brought forth a document explaining the reasons of the current emergency and outlining specific proposals on how to address the serious economic crisis the country has plunged into over the last three years.