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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Message: From wall street journal

U.S. appeals court is letting one of Venezuela’s creditors resume efforts to take control of Citgo Petroleum Corp. and raising the odds of a forced sale for the South American nation’s largest seizable asset in the U.S.

The U.S. Court of Appeals for the Third Circuit on Monday lifted a stay that had frozen attempts by Crystallex International Corp., a defunct Canadian gold miner, to wrest Venezuela’s 100% ownership stake in Citgo as compensation for a $1.4 billion government debt

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