Rusoro Mining Ltd V.RML

Alternate Symbol(s): RMLFF

Metals & Mining Gold

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.

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Rusoro Mining Ltd

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Post by stargazer1on Jun 24, 2008 5:22pm

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Post# 15224185

Crystallex news/wtfigoac flip flops.

As well, shares of Crystallex International (TSX: T.KRY, Stock Forum) shot up 72% to $1.12 as the miner said the Ministry of the Environment in Venezuela was instructed by the government to reconsider issuance of the Las Cristinas Environmental Permit by discussing with Crystallex possible modifications of the Las Cristinas project, which could enable the permit to be issued.

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Investors eye Australian gold mining projects amid promising developments