Dateline...El Mundo...similar to Joe P's previous post. I hope "possible involvement of other companies" means quiet buyout of KRY by CRRC freeing CRRC up to do JV with Venezuela.

Executive shuffles options to exploit Las Cristinas gold mine

February 22, 2011, 06:31 PM | (Reuters) .- Venezuela is evaluating the possibility that foreign companies involved in the massive Las Cristinas gold deposit, just weeks after it canceled the contract with the Canadian miner Crystallex said Tuesday Government official.

Crystallex said in early February that Venezuela decided to unilaterally terminate its contract to develop Las Cristinas. Immediately afterward, the Russian-Canadian company Rusoro said he was interested in exploiting the huge gold deposit.

"It's a discussion we're going to give (the possible involvement of other companies). It is a mine to produce, generate financial resources in order to be diversifying production in Venezuela, " Joseph Khan told Reuters, Minister of Basic Industries and Mining before its management accountable to the National Assembly.

"We still have not defined anything, " he said.