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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: FACTBOX - Venezuela's bolivar currency devaluation
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YES JJ ,

he knew about the rate change but is only on the export part that he is making almost double , very little extra on the portion to be sold to the local institutions.

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Agapov ready to sell 38,000 ounces of gold at Bs.F 4.30/$ double-up rate!

2010-01-09 21:58:59 - Speaking at Caracas international airport at Maiquetia as he was about to board a return flight to London, Agapov Group CEO Andre Agapov said he was "jubilant" over last night's news (Friday) that President Hugo Chavez Frias had fixed new foreign exchange rates at Bs.F 2.60 and Bs.F 4.30 to the US$ ... especially the latter which allows him to export some 38,000 troy ounces of gold from company mining operations in Venezuela at double the previous Bs.F 2.15 exchange rate quoted by the Central Bank of Venezuela (BCV).
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