....Sanz and his ministry are very active in withdrawing the permits for diamond and gold mining in the first part of the of the project in order to have a clean sheet to start the second part in pursuing their JV according to the new mining law.
the following is an extract from the "gazeta oficial":
Ministerio del Poder Popular para las Industrias Básicas y Minería - MIBM
Se declara la extinción de los derechos mineros derivados de las concesiones de explotación de oro y diamantes de aluvión, con las denominaciones que en ellas se expresan. Pág. 35-36
Se declara la perención del procedimiento realizado por la sociedad mercantil Inversiones Prodica 500, C. A. Pág. 36-37
Ministry of People's Power for Basic Industries and Mining
Resolutions which declare the extinction of mineral rights concessions from exploitation of alluvial gold and diamonds, with names on them are identified.
Resolution, which declares the lapsing of the procedure performed by an investment corporation Prodicus 500, CA
