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Rusoro Mining Ltd V.RML

Alternate Symbol(s):  RMLFF

Rusoro Mining Ltd. is a Canada-based company, which is engaged in the operation, acquisition, exploration and development of gold mining and mineral properties. The Company is a gold producer and explorer, with a land position in the prolific Bolivar State mining region in southern Venezuela. It has gold reserves of approximately 5,584,000 ounces and inferred resources of over 6,805,000 ounces. The Company has two mines in production and ten exploration projects (including development and exploration around the mines) which range from early stage to advanced/development stage gold projects in Venezuela. The Company owns and operates the Choco Mill Facility and has a 95% ownership in the Choco 10 Mine. It holds a 50% ownership interest in the Isidora mine (the Isidora Mine). Its subsidiaries include Proyectos Mineros del Sur, PROMINSUR, C.A., Promotora Minera de Guayana, P.M.G., S.A., Corporacion Aurifera de El Callo, C.A., Corporacion Minera Choco 9 C.A., and Corporacion 80.000 C.A.


TSXV:RML - Post by User

Comment by Amadeuson Oct 05, 2023 12:58pm
81 Views
Post# 35671373

RE:Article from Aug 21

RE:Article from Aug 21 Thanks aston. The article suggests that the appeal doesn't affect the Crystallex case. Do we know if this is solely that case or extends with others in the queue as far as RML? It also says that $20b in claims are pending (which we know) but that Conoco is seeking $129b from VZ. Was this case any part of the Delaware ruling ? There must be a lot of unknown facts, details and procedures of which we are currently unaware. I'm sure it will become clearer once the auction starts.
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