Rusoro Mining Ltd.
RMLFF
Other OTC0.84
USD
-0.01
- -
ISIN
CA7822271028
CUSIP
782227102
Return %
Stock
S&P500
1Y
23.48
26.53
3Y
450.98
76.60
5Y
1,844.64
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Andrei Agapov
- Full Time Employees
- 785
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 595 Burrard Street Vancouver BC Canada V7X 1J1
- IPO Date
- May 29, 2014
- Website
- rusoro.com
- Similar Companies
- Business
- Rusoro Mining Ltd. engages in the acquisition, exploration, development and operation of gold mining and mineral properties primarily in Venezuela. The company focuses on alluvial and vein gold deposits in the prolific Bolivar State mining region, including the southern areas of El Callao and El Dorado districts; it previously held a 95% interest in the Choco 10 mine, acquired in 2007, and a 50% interest in the Isidora mine under a joint venture with the Venezuelan government, acquired in 2008, prior to their expropriation in 2012. Incorporated in British Columbia, Canada, on March 1, 2000, and headquartered at 3123-595 Burrard Street in Vancouver, Rusoro targets gold producers, explorers and investors in the precious metals sector. Following the Venezuelan government's nationalization of its mining concessions effective March 14, 2012, Rusoro initiated international arbitration under the Canada-Venezuela Bilateral Investment Treaty, securing a $967.77 million award in 2016 from the ICSID tribunal, plus interest exceeding $1.8 billion as of late 2023; this award was upheld by the French Supreme Court in 2021 and confirmed as a U.S. judgment in 2018. In recent years, the company has pursued enforcement through U.S. courts, including a 2023 Delaware District Court conditional writ of attachment on PDV Holding Inc. shares (parent of Citgo Petroleum Corp.), designation as an Additional Judgment Creditor in 2024, non-binding indication of interest in the Citgo auction process in January 2024, and updates on credit bids by parties like Dalinar Energy in March 2025. Rusoro closed a promissory note financing in July 2025 and a private placement in November 2023 to support ongoing enforcement and litigation efforts, while retaining advisors such as Rothschild & Co in April 2024; it also experienced a delay in 2024 annual filings due in April 2025, resulting in a management cease trade order.
Rusoro Announces Grant of Stock Options
Rusoro Mining: The End Of Its Litigation Saga Appears To Be Near
Rusoro Provides CITGO Update
Rusoro Updates CITGO Auction Process
Gold Reserve goes against Rusoro for alleged contract breach in Citgo auction