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Rusoro Mining in efforts to reach agreements with Crystallex International

VHeadline Venezuela News reports: Writing in today's edition of El Diario de Guayana, Isidro Casanova reports that local communities in the south of Bolivar State are in anticipation of an early resolution to a long-standing impasse on mining in the region that will mean employment for thousands of unemployed gold miners who are otherwise forced to engaged in illegal mining operations to be able to feel themselves and their families.

Casanova reports that according to information available to him, development of the Las Cristinas (21 million ounces of proven gold reserves) and the Las Brisas del Cuyuni (13 million ounces) projects is a matter of urgency. He says technicians say that the deposits share the same vein, so a unified development would be beneficial to (foreign) investors as well as to the Venezuelan State ... "local leaders have discussed development models for Las Cristinas and Las Brisas, but any development model is good and what we're waiting for is for operations to be begun."

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San Isidro parish spokesman Felipe Gonzalez has raised the need for better public services at Las Cristinas where many miner families live. He recognizes the fact that they have already achieved the provision of electricity and street lighting and that "now, everything is linked to a start-up of those projects."

El Diario de Guayana reporter Isidro Casanova says that with regard to strategic partnerships, there is no official information but that mining group has been working with Rusoro Mining in efforts to reach agreements with Crystallex International (formally the operator of the Las Cristinas project) and the Venezuelan Guayana Corporation (CVG) which originally awarded the operating contract to Crystallex. Casanova reports that "talks are progressing well with Gold Reserve at the Las Brisas project and that the discussions are focused on Rusoro Mining, the Venezuela-Russia VenRus C.A. consortium set up last November, Venezuela's own National Mining Company, the state-owned CVG and it's gold-mining subsidiary CVG-Minerven under the auspices of Basic Industries & Mining (Mibam) Minister Rodolfo Sanz, who is also CVG president and brings with him a broad technical experience in gold mining since he has spent his whole life work in gold-mining municipalities in the south of Bolivar State.
 
aus der Diskussion: RUSORO MINING
Autor (Datum des Eintrages): XIO  (16.04.09 17:25:17)
Beitrag: 25 von 250 (ID:36981793)
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