TSX Venture loses ground, Aug. 22-26
The S&P/TSX Venture Composite Index dropped 3.3%, or 27.58 points, en route to an 805.53-point weekly close. Precious metals dropped after comments by the U.S….
Rusoro Mining Ltd
Gold Reserve wins US$740M in ‘stunning victory’ against Venezuela
It’s taken six years and over US$20 million in legal costs, but Gold Reserve (TSX: GRZ; US-OTC: GDRZF) has won US$740.3 million in compensation for the expropriation of its Brisas gold project by the Venezuelan government. It’s one…
Venture climbs for second week in August 20-24 period
VANCOUVER — The S&P TSX Venture Composite Index climbed for a second week, up 18.46 points in the August 20 to 24 period to end at 1,251.88 points after four days of gains. Volume was fairly consistent with the rest of August at an…
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…
Rusoro gets penultimate permit for Increible 6 gold deposit
Rusoro Mining (RML-V) has nailed down the penultimate permit it needs to move its Increible 6 gold deposit in …
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,…
Rusoro proves expansion potential at Choco 10
Vancouver – Rusoro Mining’s (RML-V) Choco 10 mine could produce more than half a million ounces of gold per year …
Rusoro Denied Appeal In Blocked Bid For Gold Reserve
VANCOUVER — The Ontario Superior Court of Justice has denied Rusoro Mining (RML-V, RMLFF-O) permission to appeal an injunction blocking its hostile takeover bid for Gold Reserve (GRZ-T, GRZ-X), handi…
Rusoro denied appeal in blocked takeover of Gold Reserve
Vancouver – Gold Reserve (GRZ-T, GRZ-X) won another fight in its battle against Rusoro Mining (RML-V, RMLFF-O) th…
Chinalco Deal Rankles Rio Tinto Shareholders
The sixth trading week of 2009 saw a blockbuster deal struck between Rio Tinto and Aluminum Corp. of China (Chinalco), which has the Chinese state-owned major pumping a much larger than anticipated US…
Court Blocks Rusoro Bid For Gold Reserve
Rusoro Mining (RML-V, RMLFF-O) has dropped its hostile takeover offer for Gold Reserve (GRZ-T, GRZ-X), after the Ontario Superior Court of Justice issued an interlocutory injunction on Feb. 10 stoppin…