Gold Reserve raising US$30M to bid for Venezuela’s Citgo in asset seizure dispute
Gold Reserve (TSXV: GRZ; US-OTC: GDRZF), an exploration company that’s still trying to collect on what it’s owed by Venezuela for a 2008 expropriation of…
Crystallex International Corporation
US Gold gets edge in Mexico with Faust
US Gold’s (UXG-T, UXG-N) El Gallo project in Sinaloa, Mexico, is often compared with Pan American Silver’s (PAA-T, PAAS-Q) Alamo Dorado deposit, now an operating silver mine 240 km to the north.
Venezuela’s Chavez to nationalize gold industry
Having already nationalized most of Venezuela’s main industries, including oil, banking, telecommunications, power and hundreds of thousands of acres of agricultural land, president Hugo Chavez’s announcement on Wednesday that he will soon…
U.S. stocks rise after Egypt’s Mubarak steps down in Feb. 7-11 period
Increasing consumer confidence led to a second straight weekly advance for U.S. stocks. Oil prices fell on news that Egyptian President Hosni Mubarak finally resigned and handed power over to the military, removing some of the uncertainty and…
Crystallex sells slice of Las Cristinas dream
Unable to get any traction on developing the fiercely disputed Las Cristinas gold deposit in Venezuela, Crystallex International (KRY-T, KRE-X) has sold two-thirds of its contested operatorship, appar…
TSX finishes June 8-14 period higher
The return of investor confidence over global recovery had the TSX Composite Index finishing the June 8-14 per…
Crystallex does desperate deal to hold on to stake of Las Cristinas
Unable to get any traction on developing the Las Cristinas gold deposit, Crystallex International (KRY-T, KRY-…
Gold Reserve Loses Part Of Brisas
In the last few months, Venezuelan strongman Hugo Chavez has nationalized the assets of oilfieldservices providers, announced plans to take over the hot-briquetted iron industry, and taken control of …
Venezuela terminates Gold Reserve’s rights at Brisas
In the last few months Venezuelan strongman Hugo Chavez has nationalized the assets of oilfield-services providers,…
Crystallex perseveres in Venezuela
Cash and equivalents of US$21.6 million at the end of the first quarter should be sufficient to fund Crystallex Int…
Crystallex, Rusoro, deny news report of planned concession withdrawal
Business News Americas, quoting an unnamed official at Venezuela’s basic industries and mining ministry, or M…
Mining policy, Venezuelan style (November 17, 2008)
Falling oil prices and the global credit crisis are fuelling Venezuela’s descent towards the lowest rungs on the ladder of investor confidence.