Gold Reserve Inc. declared that Rusoro Mining Ltd. has filed in the Ontario Superior Court of Justice, a Statement of Defence and Counterclaim to an action filed December 16, 2008 by the Company against Rusoro and Endeavour Financial International Corporation. Doug Belanger, president of Gold Reserve, stated: Regarding the interlocutory injunction, we presented our case [...]
Rusoro Mining Ltd. reported that gold production and cash costs remained strong at the Choco 10 Mill for the month of January 2009. For more information, click here
By Kishori Krishnan Exclusive To Gold Investing News The number one issue among gold advocates and proponents today is trying to ascertain the future for gold in 2009 and indeed into 2010. The price of the yellow metal has been on the upswing. After breaking the $940 mark, gold is expected to rise to as [...]
Rusoro Mining Ltd. is pleased to report its financial results for the quarter ended September 30, 2008. For full story, click here
Rusoro Mining Inc. informed that it is the Venezuelan government’s “preferred partner” to develop the country’s largest gold deposit, which was to be dug by rival Crystallex Resources Ltd. until earlier this month. For full story, click here For company’s website, click here
By Kishori Krishnan – Exclusive to Gold Investing News The results are daunting. Barack Obama’s victory in the U.S. presidential election and Democrat gains in Congress did not do much for the yellow metal. Gold declined in Asia on speculation that the move would speed the dollar’s recovery against the euro. The currency climbed against [...]
Rusoro Mining Ltd. reports in response to August 27th issued by Gold Reserve that it would like to confirm that it tabled a non-binding expression of interest expiring at 11:59 pm Vancouver time on August 26, 2008. Since its formation in 2006, Rusoro’s stated corporate strategy has been to consolidate the gold mining sector in Venezuela. Management viewed [...]
The Canadian Press reports Gold Reserve has rejected an unsolicited takeover offer from Rusoro Mining. Rusoro offered two shares for each share of Gold Reserve – a proposal that the Spoke, Wash.-based company’s board said was inadequate and not in the best interests of shareholders. Doug Belanger, President of Gold Reserve says: “This highly conditional expression [...]
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