Welcome to the Crystallex HUB on AGORACOM

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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Message: terms of contract as operator

Take a look at the summary of the MOA in the Link Library. KRY has to pay a 6% (3% + 3% of revenues) royalty and then will have to pay income tax on it's net income at around 34% (or thereabout).

The initial mining plan is for about 250,000 oz a year (with a plan already worked out to double that) at whatever the current world spot price may be upon production.

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