R/€ = 15.65 Change: 0.00
R/$ = 13.42 Change: 0.00
Au 1268.10 $/oz Change: 0.00
Pt 864.17 $/oz Change: 0.00


Venezuela ordered to pay $2.17bn to Russian junior for 2011 project expropriation

By: Henry Lazenby     23rd August 2016 The government of the Bolivarian Republic of Venezuela has been ordered to pay a Russian-owned junior mining company nearly $2.2-billion in compensation and interest for illegally expropriating the company’s assets without compensation in 2011. Following the news, Rusoro Mining’s TSX-V-listed... 

Venezuela on slow, unsteady path to private-sector rapprochement

By: Simon Rees     6th August 2014 With violent antigovernment demonstrations petering out and many of his leading opponents now muzzled, Venezuelan President Nicolás Maduro might be forgiven for thinking his administration is now on firmer ground. However, the underlying causes for the disturbances and dissatisfaction remain: the... 

South Africans vote in first 'Born Free' election 

By: Reuters     7th May 2014 South Africans voted in the first "Born Free" election on Wednesday, with polls suggesting the allure of the ruling African National Congress as the conqueror of apartheid will prevail even among those with no memory of white-minority rule. Voters young and old wrapped up against the early... 

Simmering geopolitical hot spots pose risk to energy stability

By: Jeremy Wakeford     28th March 2014 The tensions between the West and Russia, sparked by the political turmoil in Ukraine, carry echoes of Cold War geopolitics. But, in today’s world, energy often lies at the heart of geopolitical manoeuvrings. Conflicts over energy resources – particularly oil and gas – often given rise to... 

Rusoro’s shares resume trading

By: Henry Lazenby     10th September 2013 TSX-V-listed Rusoro Mining on Monday announced that the British Columbia Securities Commission, the Ontario Securities Commission (BCSC) and the Autorité des Marchés Financiers have granted full revocations of the cease trade orders issued by each of them against the company in May. Canadian... 

Rusoro shares suspended as nationalisation hampers audit

By: Henry Lazenby     22nd May 2013 Canadian securities authorities suspended trade in TSX-V-listed Rusoro’s stock late on Tuesday, as a result of the company’s failure to file its 2012 full-year financial results, as required by Canadian continuous disclosure rules. Rusoro on Wednesday said the filing of its financial statements... 

Rusoro Mining files $3.03bn claim against Venezuela

By: Henry Lazenby     21st March 2013 Vancouver-based Rusoro Mining on Thursday filed a $3.03-billion claim in its arbitration against the Bolivarian Republic of Venezuela before the World Bank's International Centre for Settlement of Investment Disputes (ICSID). The Russian-owned company filed the claim under the provisions of the... 

Rusoro completes settlement with Gold Reserve

By: Henry Lazenby     18th October 2012 Russian miner Rusoro this week said it had obtained an order from the Ontario Superior Court of Justice dismissing the legal action brought by Gold Reserve against Rusoro, and the counterclaim it brought against Gold Reserve. In December 2008, the company had launched an unsolicited takeover bid... 


Latest News


Latest Videos



Engineering News is a product of Creamer Media.

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa

Read more


We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store


Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close