Venezuela claims Anglo American nickel mine

Nov 13, 2012 | 03:36 PM | Samuel Frizell

Tags  Anglo American, Minera Loma de Niquel, nickel, Venezuela mine, Citigroup, David Wilson, Samuel Frizell

NEW YORK — Anglo American Plc has ceased operations at its majority owned Loma de Niquel Mine following the expiration of its remaining mining concessions and permits granted by the Venezuelan government.

"The government has taken back the leases," a company spokesman told AMM.

"We endeavored for a long time to extend our leases," he said in an e-mail. "We have been anticipating this for some time."....

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