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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: Vannessa Case Published Decisions now up .

211. The Tribunal takes note that the notice of the breach, dated August 6, 2001, invokes three contractual breaches by MINCA: (1) the violation of its obligation to submit detailed reports to CVG; (2) the failure to resume work on the mine, after the expiration of the last extension on July 15, 2001; (3) the entry into a transaction with Claimant for the transfer ofall of the shares of MINCA “thus contravening express contractual provisions contained in Clause Twenty-fifth [in fact, Twenty Eighth] of the above referenced Contract [i.e., the Work Contract], by virtue whereof it was bound to obtain due written authorization by CVG therefor in view of the scope such transfer has over MINCA … .”

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