Venezuela MOU paving way for largest gold mine?
Last week (Feb 2016), I had the opportunity to travel to Caracas and witness a new chapter in the development of
Given the drop in oil prices, the main income source of
As announced in
The combined Brisas-Cristinas Project, a gold-copper deposit located in the Kilometer 88 mining district of Bolivar State in south eastern Venezuela, when constructed, is anticipated to be the largest gold mine in South America and one of the largest in the world.
I was fortunate to be invited to join Gold Reserve for this exciting visit to Venezuela due to my previous involvement in dealing with the social aspects of the Brisas Project ESIA, and, subsequently,
Looking back, the sprawling artisanal and small scale mining (depicted on featured image) and the presence of indigenous groups and territories are but some of the challenges a combined Brisas-Cristinas Project would need to address effectively. No doubt, the positive relationships and creative solutions Gold Reserve's team had developed will provide a good re-entry point.