Venezuelan gov't takes over Loma de Níquel mine
"The State will take control" of the mine "through Petróleos de Venezuela (Pdvsa)," said CEO Carlos Dini
"We already made the transfer to the Venezuelan State through records and all documents," as appropriate, CEO Carlos Dini said on the telephone.
"The State will take control" of the mine "through Petróleos de Venezuela (Pdvsa)," he elaborated. As a matter of fact, "today, they are operating the site."
Dini commented that the State refrained from taking over the company "with liabilities." Hence, "we are paying the whole staff off."
He recalled that Anglo American worked for 20 years in Venezuela. "At the beginning, we were in the exploration stage of the mine. However, we would run it for 12 years. President Hugo Chávez opened the company."
With reporting by Mariela León
President Nicolás Maduro is not only the heir to the throne, but also to an economic crisis which demanded urgent measures to rectify the course. The crisis showed up in two aspects: a 50% inflation estimate, and shortage of staples ranging between 70% and 98%. These issues might hit the President's poor popularity; considering his feeble electoral victory of 1% over his challenger.