Some past articles re VenRus
posted on
Sep 20, 2009 07:08PM
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
I wanted to find out who said what, about VenRus, Russia, VZ, and Chavez. These are from Jan. 09' and onward. This one looks like maybe Rusoro or Agapov had consulted a mergers and acquisition company.
There are a couple of repeats of articles, but I thought it important to see who was publishing them.
from Thomson Financial Mergers & Acquisitions
published Jan 14, 2009
Price $48.00 available for immediate download
VENEZUELA - Venrus planned to acquire the Las Cristinas Gold Mine of Crystallex International Corp, gold mining company.
Acquirer: Venrus
Acquirer Business Discription: Special purpose acq vehicle
Acquirer SIC Code: 6799 - Investors, nec
Target Name: Crystallex Intl-Las Cristinas
Target Business Description: Gold mining
Target Ultimate Parent: Crystallex International Corp
Target SIC Code: 1041 - Gold ores
Please Note: Target Financials are not included in this report.
CARACAS, Jan 13 (Reuters) - Venezuela has formed a joint venture with a Russian company to operate the massive Las Cristinas gold mine, President Hugo Chavez said on Tuesday, adding it would begin production in 2009.
Canadian junior miner Crystallex (KRY.TO) waited in vain for years for an environmental permit allowing it to operate the mine, and recently complained that the denial of the permit could lead it to take legal action against the OPEC nation.
The Las Cristinas gold mine is owned by Venezuelan state mining consortium CVG.
"In 2008 we created the joint venture Venrus with Russia, a Russian company and a Venezuelan company, an joint venture for the Las Cristinas fields," Chavez said during a televised address to Congress.
Venezuela's mining minister Rodolfo Sanz told a Russian delegation last year that the socialist government wanted to create a joint venture between Rusoro, (RML.V) a Canadian-based company with Russian capital, to operate Las Cristinas.
News
Sunday, 18 Jan 2009
Mr Chavez unveils Russian gold mining venture
Sunday, 18 Jan 2009
Moscow Times cited Mr Hugo Chavez president of Venezuelan as saying that Venezuela & Venrus a joint venture of Rusoro Mining and the Venezuelan government was formed to mine Las Cristinas, a deposit containing an estimated 35.2 million ounces of gold. VENEZUELA: CVG-Minerven president Luis Herrera confirms expropriation of Las Cristinas gold mine and more...
VHeadline Venezuela News reports:
is paralyzed because six years ago the state gave the opportunity to Crystallex to run it and all that happened has been speculation in the (North American) stock markets," said Herrera, without specifying when it will be taken back by the State.
Sponsored by China Mining TAssociation (CMA)
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Published: Thursday, January 15, 2009 18:11 (GMT -0400)More news from Venezuela
By Harvey Beltrán / Business News Americas
Mining company Minera VenRus will be responsible for mining the IV, V, VI and VII areas at the Las Cristinas gold property in Venezuela's Bolívar stat...
I'M NOT SUGGESTING ANYTHING HERE, JUST WANTED TO REMIND FOLKS THAT VENRUS HAS BEEN MENTIONED AS TO WHO IS GOING TO MINE LC....THAT STILL WOULD MEAN RUSSIAN MONEY AND VZ ALTHOUGH OF COURSE RUSORO IS A CANDIAN COMPANY...VENRUS IS NOT.
Penderite