Page 16 - Rusoro Mining News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Venezuela is facing the possible unraveling of a pair of billion-dollar settlements aimed at protecting the cash-strapped country's U…

Last week’s top-gaining TSXV mining stocks were Rusoro Mining, Telson Mining, CanAlaska Uranium, Uranium Royalty and Camino Minerals. The S&P/TSX Venture Composite Index (INDEXTSI:JX) spent the last week of March moving higher, starting the period at 941.98 and closing Thursday (April 1) at 961.19. Gold also registered a gain for the four day session. After slipping to US$1,678 per ounce on Tuesday (March 30), the yellow metal rallied to US$1,729.10. Silver had a less pronounced uptick, holding in the US$24 per ounce range. Uranium was another gainer as the energy fuel breached the US$30 p...

The French Supreme Court, the Cour de Cassation, overturned a decision by the Paris Court of Appeal which had annulled part of the damages portion of the arbitral award granted to Rusoro Mining (TSX-V: RML) in its Back in 2016, the International Center for the Settlement of Investment Disputes granted the Canadian miner a $966.5-million award, following the expropriation of its 95%-owned Choco 10 mine and 50%-owned Isidora mine by Venezuela’s former ruler Hugo Chávez.  According to the World Bank tribunal, the South American country had breached its obligations under the Canada-Venezuel...