| Metals & Mining Industry | Materials Sector | Andrei Agapov CEO | XSTU Exchange | CA7822271028 ISIN |
| CA Country | 785 Employees | - Last Dividend | 9 Nov 2006 Last Split | - IPO Date |
Rusoro Mining Ltd. is a gold mining company focused on the acquisition, exploration, development, and operation of gold mineral properties primarily in Venezuela. With its headquarters in Vancouver, Canada, the company was initially incorporated as Newton Ventures Inc. before rebranding to Rusoro Mining Ltd. in November 2006. Since its incorporation in 2000, Rusoro Mining has been dedicated to leveraging the rich mineral resources in Venezuela, focusing on the exploitation and production of gold from its key assets in the country.
Rusoro Mining holds a 95% interest in the Choco 10 mine, a significant gold mining operation located in the El Callao district in south-eastern Venezuela. This mine is one of the company's primary assets, contributing substantially to its gold production output. The operation at Choco 10 is focused on the sustainable extraction of gold, employing advanced mining techniques and responsible environmental practices to minimize the impact on the surrounding ecosystem.
With a 50% interest in the Isidora mine, also situated in the mineral-rich district of El Callao, Rusoro Mining leverages this asset to further bolster its gold production capabilities. The Isidora mine complements the company's portfolio by adding diversity to its operational base and offering potential for expansion and increased output in the future. As with Choco 10, Rusoro Mining's emphasis at Isidora is on efficient, responsible mining operations that respect both the environment and the local communities.