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Message: Rusoro is interested in “cursed” layer of gold

08.02.2011 13:47
Rusoro is interested in the "curse" of gold deposits
In the development of Las Cristinas gold deposit in Venezuela, which may contain the largest in Latin America, gold reserves, interest of the Russian-Canadian mining company Rusoro.

The Government of Venezuela on the eve of a license revoked for oil field development in the Canadian company Crystallex International, reports Reuters.

"If the government is interested in cooperating with us in this project, we are ready to do it with the help of international funding to the extent necessary," - said the head of the Venezuelan branch of Rusoro Andrea Padovani.

Rusoro, director and principal shareholder is the Russian Vladimir Agapov, succeed in Venezuela: in 2007 it acquired the local assets of Gold Fields, and a year later the administration announced Chavez Rusoro priority partner for the development of gold deposits. Also Rusoro acquired Venezuelan assets of the company Hecla Mining.

"We believe that in Venezuela there are more rich deposits than the Las Cristinas, which have not been adequately studied," - said Padovani.

President Hugo Chavez has steadily nationalizing key industries, including mining. In 2009, the Government has selected the company Gold Reserve control over the neighboring Las Cristinas mine Brisas. These two fields can contain more than 25 million ounces of gold.

In 1980 the development of Las Cristinas was engaged in an Italian adventurer Amalfi Grossi, later ousted the Venezuelan authorities. Local residents, once discovered at the field-kg gold ingot, argue that Grossi cursed this place.

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