Chavez eyes Venezuela's largest gold mine

Venezuela announced plans on Wednesday to take over the nation's largest gold mine, operated by Canada's Crystallex International Corp., as President Hugo Chavez gradually brings mining operations under state control. The Las Cristinas mine will operate under state control beginning next year, Mining Minister Rodolfo Sanz told state radio. "The company has not been notified of any changes," Toronto-based Crystallex said in a statement. Crystallex representatives met with Venezuelan officials on Wednesday "and no issues were raised with regard to the control of Las Cristinas," the statement said.