Crystallex International Corporation

US Gold's El Gallo gold project in Sinaloa state, Mexico. Photo by US Gold

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…

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…

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 …