Canadian miners near victory in case of gold deposits seized in Venezuela [The Globe and Mail]

Written By Mark Salerno

Two Canadian mining companies have spent 15 years seeking billions of dollars in reparations from Venezuela for the gold deposits that its former president, Hugo Chávez, seized from them after nationalizing the industry.

They are now on the cusp of victory after a lengthy legal conflict that has also drawn in global players, including an American energy giant, a New York hedge fund, international bondholders, deposed Venezuelan President Nicolás Maduro and U.S. President Donald Trump.

Read more here: https://www.theglobeandmail.com/business/article-venezuela-gold-crystallex-rusoro-pdvsa-citgo-maduro/

Mark Salerno
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