Rusoro Mining Ltd (RML.V)
7 Dec 2016
TORONTO, Aug 23 Canada's Rusoro Mining Ltd said on Tuesday it has been awarded more than $1.2 billion by a World Bank tribunal that ruled Venezuela had unlawfully seized the company's gold assets four years ago.
TORONTO, Aug 23 Rusoro Mining Ltd. board member Gordon Keep said on Tuesday that the company would seek a settlement with the Venezuelan government after a World Bank tribunal awarded it more than $1.2 billion in an arbitration over the country's seizure of the company's gold mine.
Aug 23 Rusoro Mining Ltd, a small Canadian gold miner, said on Tuesday it was awarded more than $1.2 billion in damages as a World Bank tribunal ruled that Venezuela had unlawfully seized the company's gold mine.
* Rusoro awarded US$967.77 million by an ICSID additional facility tribunal for the expropriation of its investments in Venezuela