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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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More VZ BS...

posted on Jun 24, 2011 01:24PM

Exclusive: Rusoro appeals to Venezuela on gold export limits

Fri Jun 24, 2011 12:39pm EDT

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CARACAS (Reuters) - Canadian miner Rusoro (RML.V: Quote) called on Venezuela on Friday to lift gold export limits and said it was not interested in the South American country's Las Cristinas mine unless the rules were changed.

Rusoro's CEO Andre Agapov told Reuters that laws limiting exports to 50 percent of gold production were detrimental to foreign companies and were hurting job creation efforts.