Gold Reserve Inc Open to resolve dispute
Gold Reserve Inc., Canadian mining company is open to resolve its dispute with Venezuela over the Brisas gold mine. This development happened inspite of filing an international arbitration request against Venezuela to recoup billions of dollars in damages.
The news article is quoted as saying
The company filed an arbitration request against Venezuela last week to recover $300 million in investments it says it made in the Brisas and Choco 5 concessions as well as $5 billion in compensation for estimated future profits.
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Tue, Oct 27, 2009
Post by Melissa Pistilli, Gold Senior Reporter