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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

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Message: Elmundo: Crystallex open up a joint venture

Elmundo: Crystallex open up a joint venture

posted on Jul 27, 2009 05:17AM

http://www.elmundo.com.ve/notas.asp?id=17N2&ed=2009x07x27&es=1

The idea of forming a joint venture in partnership with the National Government to operate the Las Cristinas mine does not look for Crystallex dischargeable.

A spokesman familiar with the Canadian company said they are open to that possibility.

Commented that "in any case would be logical, as the National Executive has set a policy of partnership in all strategic areas, including mining.

Nevertheless, said the idea has not worked in the table of dialogue, or by Crystallex or the ministry.

Canada is waiting for the permits to start the environmental impact of the catchment area of the mine.

Since 2002, when he was awarded the concession to Crystallex, the company, according to his spokesmen, he delivered all documents required by the Executive.

It also began its contractual commitments in the social sphere, including: housing construction systems, aqueducts, sewage network, support for health care, road improvement, support for educational institutions, training personnel, and plant construction sewage treatment.

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