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The auction would allow the defunct Canadian mining company Crystallex International to recoup $970 million in losses it incurred after the late Hugo Chavez nationalized Venezuela’s gold mining...
11 Oct 2022 19:10 GMT
… allow defunct Canadian mining company Crystallex International to recoup $970 … is an attempt by Crystallex to collect the remainder … in 2016. Crystallex has targeted Citgo, which employs about 3,300 … for almost five years.
Crystallex is not the only company …
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Crystallex Gains Right to Seize Venezuela's CITGO in US Court Reversal
13 Aug 2018 23:33 GMT
… assets by Canadian mining giant Crystallex and other transnational firms. … to pay government debts.
Crystallex lawyers had reportedly used … more than 3,500 employees.
CITGO is considered one … 107 million bonds. Should Crystallex succeed in seizing CITGO assets …
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PDVSA Wins Dismissal from Court of Appeal from Crystallex $2 Billion Fraudulent Transfer Suit
03 Jan 2018 23:53 GMT
… Documents about Crystallex Settlement
Crystallex's Aggressive Legal Strategy
Crystallex -- … , the Tribunal concluded, “frustrated Crystallex’s legitimate expectations …, engaged in … behalf of Crystallex’s board of directors, management, employees and all …
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Gold Reserve, a bidder for Citgo, is happy with the refinery's management
10 Jul 2025 18:55 GMT
… ;ve done a very good job in the circumstances."
Citgo … oil producer ConocoPhillips, and miner Crystallex have expressed doubts regarding the …
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Phillips 66 says activist investor pushing major changes has a conflict of interest with Citgo bid
23 Apr 2025 03:19 GMT
… the nation’s GDP and employ nearly 3 million people. The … . In 2017, Canadian gold miner Crystallex won an arbitration case, according …
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Key mining disputes in Latin America
23 Aug 2024 14:37 GMT
… was whether the investor employed its best efforts in … country-risk premium.[96]
Crystallex v. Venezuela
The tribunal … of certainty’.[97] The Crystallex tribunal was assessing damages suffered … of the contract. Although Crystallex lacked a track record of …
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Hearing for Sale of Citgo Parent Postponed as Bids Weighed
03 Jul 2024 07:27 GMT
… July 28.
The case is Crystallex International Corp. v. Bolivarian Republic … community that will empower your career in energy.
MORE FROM THIS …
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How a US mining firm sued Mexico for billions – for trying to protect its own seabed
31 Jan 2024 11:14 GMT
… town and his adult career as a reporter, covering … self-sufficiency and promised jobs and millions of dollars … that the project “would employ extensive measures to limit … environment and Indigenous people. Crystallex claimed Venezuela had expropriated …