crazy. not one word about GRZ icsid suit. but this.
posted on
Apr 23, 2009 02:56AM
Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America
Demand by 550 million dollars tried Gold Reserve against Rusoro | ![]() |
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Thursday, 23 of April of 2009 |
A court of Canada finishes deciding part of the litigation against Rusoro, company that tried to buy to the Corporation Gold Reserve that operates the project Breezes in the Claritas, Sifontes municipality
The Corporation Gold Reserve, a Canadian concessionaire who shows the auriferous deposit Breezes of the Cuyuní, in the parish San Isidro, Sifontes municipality, demanded the Russian transnational company, Rusoro that operates mines in the Sifontes municipalities and the Pebble, by the amount of 550 million dollars, by damages and damage during a process on attempt of purchase of Rusoro to Gold Reserve. This information arises as a result of a note published in this same newspaper in which it said that the Russian group had conversations with transnational the Crystallex and Proyecto Breezes of the Cuyuní to negotiate the right that they have in the Cristinas and Breezes of the Cuyuní, neighboring deposits in the Claritas Inside, the coast of the Cuyuní river. The referred note indicated that the Russian group was assuming good part of the mines of the municipalities of the South. The clarifying one Engineer Arthur Rivero, president of Gold Reserve exposed that the clarifying one of the mentioned information indicating that was necessary badly they can be negotiating with Rusoro when a demand against them is in march, by damages and damages. - We do not have conversations with Rusoro - Rivero- maintains. They tried a purchase of Gold Reserve and failed fully. At the moment they are demanded in one cuts of Canada by damages and damages, by 550 million dollars. In one first decision of the judge, he orders to Rusoro to retire the supply of purchase of Gold Reserve and not to try another one. The supply of purchase was rejected by the shareholders. The judgment continues. I want to deny categorically that some representative of Rusoro has spoken with us about the mentioned negotiation. That said to him to the journalist and was published of which they were speaking with us, it is pure story of ways. Attention to the sport Another information indicates that the project Breezes, between its activities of solidarity with the community, is developing to important sport programs in which they participate indigenous and Creole, called to account in the parish San Isidro where the project is located. From the sport programs of the company, several maratonistas have arisen that are leaving to compete outside. It adds the information that several sport fields of the mentioned parish, have sport, dependent monitors of the project Breezes. The company also maintains programs of direction to the communities. We continue investing in the Claritas Consulted Arthur Rivero about the present situation of the project Breezes of the Cuyuní, located in the Claritas, in the light of the changes that have been in relation to the possesors of concessions and auriferous permissions in the municipalities of the South, and it responded: - We followed with the project Breezes of the Cuyuní. We have not been called by any executive authority to announce some change that can have in the industrial auriferous sector. We continue hoping that the Government definitively establishes the policy that is to govern the auriferous sector. We stay kind to any announcement. Gold Reserve has been called nor by minister Rodolfo Sanz, minister of Basic Industries and Minería? - We have not been called by the minister nor by no other high civil servant of the National Government. |