Crystallex International

Welcome to the Crystallex HUB on AGORACOM "Crystallex International Corporation is a Canadian-based gold producer with operations and exploration properties in Venezuela."

over 15 years ago

in response to G's message

THIS PART IS VERY INTERESTING:

“The way we foresee it is to develop it jointly with the
Venezuelan government” in a 50-50 joint venture, he said.
“It’s an assumption. Nothing is agreed.”
The government will provide half the capital for the mine,
and the company would raise the other $250 million, he said.
“It’s not that difficult to raise half the capital
expenditure if you have a half already committed,” Agapov said.