Venezuela's gold mines close to collapse

Falling production prompts critics to blame late leader Hugo Chavez's nationalisation decree for stunting growth.

    Venezuela’s gold-mining industry is close to collapse as production levels continue to fall.

    Former President Hugo Chavez nationalised the sector and tried to crack down on illegal operations. But his policies have almost destroyed the industry, critics say.

    Al Jazeera's Cath Turner reports from El Callao, in the state of Bolivar.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    How different voting systems work around the world

    How different voting systems work around the world

    Nearly two billion voters in 52 countries around the world will head to the polls this year to elect their leaders.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    The great plunder: Nepal's stolen treasures

    The great plunder: Nepal's stolen treasures

    How the art world's hunger for ancient artefacts is destroying a centuries-old culture. A journey across the Himalayas.