"Zambrano mentions Resolution 090603 of the BCV, published the 16 of June of the 2009. This Resolution modifies first. It establishes then that 50% of the production can go to the internal market; 25% for BCV and 25% for the national jewellery, but this Resolution is only valid for the mixed companies and in the case of the municipalities of the South, a mixed only exists company that is Venrusca, which forms associative capital between the national Government and contributes Russian."

The way this is worded, it says that ALL the gold is sold in VZ....50% internal, 25% to BCV, and 25% to national ( VZ ) jewellery. I was wondering if they meant 'international', not 'internal', but they use the term 'internal' in another paragraph, and it seems to definetly mean sold in VZ.

"It refers Pablo Zambrano more ahead than the great one harmed with the Resolution is the private or nonmixed companies. It mentions Resolution 090403, of the 24 of April of the 2009, by means of which, it determines a quota of 70% of the gold that can go internal market, discriminated of the following way: 60% to the BCV; 10% to transforming sector and 30%, can be exported under authorization of the BCV. As it is observed, one is a disadvantage and in these circumstances, it cannot work the private industry."

This says '70% internal market, and 30% exported under authorization of the BCV'. Is this just something lost in translation?

Pen