Venezuela’s President Says New Law Would Encourage Gold Production

Platts reported on Venezuelan President Victor Hugo’s recent statement that he will encourage more gold production in the country through new laws.

Platts reported on Venezuelan President Victor Hugo’s statement that he intends to encourage gold production in the country through new laws.

The market news is quoted as saying:

Chavez will pass the law by decree under special powers the country’s national assembly granted him in January, after major flooding in the country.

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