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Message: New mining law and JV

Re: New mining law and JV

posted on Sep 19, 2008 06:49PM

Sasa, so the new Law of Mines will be in the hands of the National Assembly in 15 days, I take that to be 15 business days which is Oct 10.

Also, Sanz wants the the New Mining Law presented /displayed to the Assembly before it concludes the present period of sessions.

Any idea when the AN concludes the present period of sessions? Is it at the end of Oct?

Trying to read between the lines, Sanz wants the NA to review and support the New Mining Law before the permit will be awarded. Fortunately for us, the NA supports the Las Cristinas Project. My take is the NA has to be onside the New Mining Law before it is approved/gazetted and becomes Ven law. Once this task is completed it's a done deal. Comments.

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