SUMMIT-Rusoro said other firms interested Venezuela gold mine
Thursday May 7 2009 14:33 GYT Print [-] Text [+] CARACAS (Reuters) - The Russian-Canadian Rusoro Mining said on Thursday that other Russian companies are interested in operating the huge deposit of gold in Las Cristinas Venezuelan society with the Government of the South American country.

The Venezuelan president, Hugo Chávez, said in January that the vast site would be operated by the joint venture VenRus comprising Rusoro and State.

The CEO of Rusoro, Andre Agapov, said in a telephone conversation for the Investor Forum on Latin America Reuters that the firm will report earnings for the first time in the first quarter of 2009 for its operations in Venezuela and estimated to raise its production to 275,000 ounces in 2010.

Canadian Crystallex is currently an operating contract for Las Cristinas, but was unable to obtain an environmental permit for the project.



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