This could be a good if no when KRY gets to mine Las Cristinas, I still believe after all the noise, they will get the go ahead in one form or another, the only question remains what the structure will be, maybe since we already have a joint venture with CVG a goverment agency, we may in the end up with the least change if any jmho

22 hours ago

CARACAS, Venezuela (AP) — President Hugo Chavez is loosening economic controls on businesses to boost growth in the face of soaring inflation.

Chavez is eliminating a 1.5 percent tax on all financial transactions made by companies.

The socialist president is also easing strict currency exchange controls for importers. He says pending requests for $50,000 or less will be expedited.

A $1 billion fund will be created to encourage joint public-private sector projects in areas including food and manufacturing.

Chavez said in a speech Wednesday that he doesn't intend to cut back government spending to try to reduce inflation. Inflation reached 31.4 percent in May according to Caracas' benchmark price index.