Rusoro MiningRusoro Mining Company Fact's overview
Late Stage - Venezuela ISIN: CA7822271028 CEO.CA Wallstreet Online (deutsch) Presentation Location video Rusoro Mining is a gold producer and explorer, with a large land position in the prolific Bolivar State mining region in southern Venezuela. Rusoro's corporate Strategy is to become a mid-tier (>500,000 oz Au/yr), low cost gold producer in the near term. The Company operates the Choco 10 mine (formerly operated by Goldfields) and the Isidora Mine which are located the El Callao district in south-eastern Venezuela. - M&I gold resources of 10,730,000 oz and inferred resources of 6,805,000 oz. (1,7 g/t) - CASH COSTS : Targeting under US$500/oz when at full production - Negotiations on-going with government representative on compensation due to Rusoro and the terms of the migration of Rusoro Mining Assets to a Mixed Enterprise to be controlled by the Venezuelan Government. |