Crystallex International Corporation

The Las Cristinas project in southeastern Venezuela is more economically viable than previously believed, according to a revised feasibility study by Crystallex International (KRY-T) and SNC Lavalin Engineers & Constructors.

The report period Aug. 12-24, saw the price of gold rise US$12.35 per oz. to finish at US$406.20 in the afternoon in London on Aug. 24. Gold fell more than US$4 on the final day of trading. The gold index was up 12 points to close at 193.61, and t…

Vancouver — Infill drilling by Uruguay Mineral Exploration (UME-V) at the Arenal deposit in Uruguay is demonstrating sufficient grade consistency to warrant construction of the initial pit. Startup is planned for late 2004.

Surging oil prices and anemic job growth south of the border sent gold US$7.05 higher to US$399 per oz. during the Aug. 4-9 report period. Still, the Toronto Stock Exchange’s gold index only managed to edge 0.58 of a point higher to 185.28. The di…

The Venezuelan government has confirmed Crystallex International‘s (KRY-T) land occupation permit for the Las Cristinas gold properties in the Kilometre 88 gold district. The permit authorizes mining on the properties and is a p…

The report period July 28-Aug. 3 saw the price of gold close down US$9.05 at US$390.95 per oz. in the afternoon in London. The Toronto Stock Exchange was closed Aug. 2 because of a civic holiday.

Vancouver — A new estimate at Gold Reserve‘s (GRZ-T) Brisas project in southeastern Venezuela has increased the resource to 10.97 million oz. gold and 1.4 billion lbs. copper in the measured and indicated categories.

A late-period slide erased earlier gains and helped the Toronto Stock Exchange’s gold index end the July 7-13 report period 0.23 of a point lower at 202.97. The gold miners mirrored the yellow metal, which managed to retain some of its earlier gai…

The mere hint of a potential slowdown in the torrid growth of China’s economy helped shave a painful US$50 per oz. off gold prices over the past month, dropping spot prices into the US$380-per-oz. range.