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Weekly Report - 1 September 2011 (WR-11-35)

VENEZUELA: How will the new strategic gold sector work?

When President Hugo Chávez announced his sweeping new plans for Venezuelan gold in mid-August, the main focus was on his move to repatriate the country’s gold reserves. However, Chávez also issued a decree nationalising the “strategic” gold sector, and details of his plans for the sector have begun to emerge.

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