Glencore and Mercuria compete for deal to operate Venalum

Both companies are negotiating with Venezuela to operate the plant, in a move that marks the return of major commodity traders The Daily Journal.- London-listed miner Glencore (GLEN.L) and Swiss commodity trading company Mercuria Energy are among the firms seeking a deal involving Venalum, Venezuela’s largest aluminum plant. According to Bloomberg, both companies are holding […]

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NGO warns of new illegal mining operation in the heart of Canaima National Park

The Daily Journal – Environmental organization SOS Orinoco warned on Thursday about a new illegal mining operation inside Canaima National Park, which UNESCO recognizes as a World Heritage Site. According to the report, the mining site covers 5.8 hectares at the confluence of the Carrao and Caroní rivers, across from Playa Linda in Bolívar state. […]

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U.S. technical team conducts assessment of Guri Dam

The Daily Journal – Technicians from the U.S. Department of Energy and the Pacific Northwest National Laboratory (PNNL) assessed the Guri Dam, Venezuela’s main source of electricity generation, which supplies more than 60% of the country’s power. The assessment falls under the U.S. Department of State’s Power Sector Program. It represents part of the three-phase […]

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