Good Corporate Citizen

Welcome to the Crystallex HUB on AGORACOM

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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RedRock

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Good Corporate Citizen

posted on Apr 01, 2010 11:23AM

Not to be overlooked

The El Callao mining activities ceased as at September 30, 2008. The Company continues to incur minor

expenditures for maintaining an office at El Callao to oversee the closure plans for past mining activities. The

Company has transferred the Tomi and La Victoria mining concessions to Minerven, a Venezuelan state

controlled mining company, and is currently evaluating its reclamation obligations. The Company incurs

expenses related to maintaining a small team to oversee the transfer of concessions and remediation of