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    gold investing

    Venezuela’s PDVSA, CVG to Develop Las Cristinas Gold Mine

    Investing News Network
    Aug. 26, 2011 02:21PM PST
    Precious Metals Investing

    Bloomberg reported that Venezuela’s state miner and state oil company are teaming up to develop gold mining in the country.

    Bloomberg reported that Venezuela’s state miner and state oil company are teaming up to develop gold mining in the country.

    The market news is quoted as saying:

    Venezuela took control of the Las Cristinas mine, which may hold 27 million ounces of gold reserves, in February after canceling a license held by Crystallex International Corp. (KRY), a Canadian gold producer.

    To read the full market news, click here.

    oil companylas cristinasgold investing
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