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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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As to a possible Russian buyout, I found this article today at
www.eldiariodeguayana.com.ve/content/view/30158/1 .
I believe Rosoro mining is now based, or at least has an office, in Vancouver, BC.
Following is the translated version. Ciudad Guayana Friday, 07 December 2007
Russian Agapov Group bought the company PMG Russian gold Agapov Group bought the company PMG Gold
Friday, 07 December 2007 Thursday, 07 December 2007
The group Agapov has other major investments in Venezuela, particularly in the field of gold and kaolin, taking further strategic alliances with CVG Minerven The group Agapov has other major investments in Venezuela, particularly in the field of gold and kaolin, taking further strategic alliances with CVG Minerven
Isidro Casanova Isidro Casanova
Callao. Callao. After a period of negotiations, the Russian industrial group bought the company Draft Mineral Guiana -PMG- coming exploiting one of the mines sector El Choco, located on the road that runs from this population to El Manteco. After a period of negotiations, the Russian industrial group bought the company Draft Mineral Guiana -PMG- coming exploiting one of the mines sector El Choco, located on the road that runs from this population to El Manteco. The document was signed at the company's premises in the presence of special guests, among whom were the chief executive officer Andrew Agapov, Dr. Boris Bagatyrev, director Dimitry Ushacov and engineer Jose Manuel Rodriguez, who assumed management overall, engineer Guillermo Adrian, manager of operations and others. The document was signed at the company's premises in the presence of special guests, among whom were the chief executive officer Andrew Agapov Dr. Boris Bagatyrev, director Dimitry Ushacov and engineer Jose Manuel Rodriguez, who assumed overall management, engineer Guillermo Adrian, manager of operations and others.
The company PMG which was in full production of gold and has faced several problems at work, is the Canadian capital, while retaining a share in the structure of the new organization. The company PMG which was in full production of gold and has faced several problems at work, is the Canadian capital, while retaining a share in the structure of the new organization.
The company is to be renamed Rosoro Mining and its president is Wladimir Agapov. The company is to be renamed Rosoro Mining and its president is Wladimir Agapov. A shareholder who retains PMG, is represented by Guillermo Adrian, being the engineer Jose Manuel Rodriguez, general manager. A shareholder who retains PMG, is represented by William Adrian, being the engineer Jose Manuel Rodriguez, general manager.
It was reported that this negotiation takes place within the framework of the process of economic and productive partnership and sharing of technologies that advance Venezuela and the Russian Federation, following the path of cooperation agreements signed by the presidents Wladimir Putin and Hugo Chavez. It was reported that this negotiation takes place within the framework of the process of economic and productive partnership and sharing of technologies that advance Venezuela and the Russian Federation, following the path of cooperation agreements signed by the presidents Wladimir Putin and Hugo Chavez.
At the conclusion of agreements has been actively involved Russia's ambassador in Venezuela, Mikhail J. At the conclusion of agreements has been actively involved Russia's ambassador in Venezuela, Mikhail J. Ordovets, who dominate the Spanish language, once said to this reporter that the chances of understanding and therefore Russian investment in Venezuela, are endless. Ordovets, who dominate the English language, once said to this reporter that the chances of understanding and therefore Russian investment in Venezuela, are endless.
The engineer Jose Manuel Rodriguez said that "the union of these two great companies, is a major landmark for the development of the productive potential of the mine and plant in El Choco has a level of mineral reserves fairly significant enough to extend his operational more than 18 years. " The engineer Jose Manuel Rodriguez said that "the union of these two great companies, is a major landmark for the development of the productive potential of the mine and plant in El Choco has a level of mineral reserves fairly significant enough to extend his operational more than 18 years. "
Other alliances Other alliances
It was reported that another source that the group Agapov also owns the mine Choco The recent acquisition of several batches that gold belonging to concessions CVG Minerven, the condition has received permission to develop strategic alliances between this group and Minerven. It was reported that another source that the group Agapov also owns the mine Choco The recent acquisition of several batches that gold belonging to concessions CVG Minerven, the condition has received permission to develop strategic alliances between this group and Minerven.
He also cited the group acquired the assets of a company producing kaolin, located in the kaolin, Kilometer 88, Sifontes municipality. He also cited the group acquired the assets of a company producing kaolin, located in the kaolin, Kilometer 88, Sifontes municipality. They launched a major investment. They launched a major investment. Considering that the area to explore and extract kaolin was limited, handled the expansion of the same and it was said, he has succeeded. Considering that the area to explore and extract kaolin was limited, handled the expansion of the same and it was said, he has succeeded. This processing is with the Institute of Non-Metallic Minerals corresponding to the government of Bolivar. This processing is with the Institute of Non-Metallic Minerals corresponding to the government of Bolivar.
The plants that have this group, called Ruscaolín, is the exploration and development of kaolin in the Kilometer 88, where the plant is under construction producer and provides for the construction of another plant in the Matanzas industrial zone of Puerto Ordaz, for refining kaolin , which would largely export. The plants that have this group, called Ruscaolín, is the exploration and development of kaolin in the Kilometer 88, where the plant is under construction producer and provides for the construction of another plant in the Matanzas industrial zone of Puerto Ordaz, for refining kaolin, which would largely export.
Benefits Benefits to the community for the community
The group Agapov has a high component of social and environmental responsibility. The group Agapov has a high component of social and environmental responsibility. During his stay in Venezuela, Agapov Group has been taking a series of programs to support the communities located in their area of influence, in the field of education, sports, infrastructure services, technical assistance, training to the surrounding towns, these efforts they have been driven in the area of El Choco, where the gold exploitation. During his stay in Venezuela, Agapov Group has been taking a series of programs to support the communities located in their area of influence, in the field of education, sports, infrastructure services, technical assistance, training to the surrounding towns, these efforts they have been driven in the area of El Choco, where the gold exploitation.
The group Agapov becomes the main engine of regional development of gold mining and non-metallic mining, is the project Kaolin for ceramic production. The group Agapov becomes the main engine of regional development of gold mining and non-metallic mining, is the project Kaolin for ceramic production. In Chocó and the rest of the projects, becomes company generates about 5 thousand direct jobs, making so strong, the strengthening of Southern Guyana. In Choco and the rest of the projects, becomes company generates about 5 thousand direct jobs, making so strong, the strengthening of Southern Guyana.
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