Rusoro Mining Ltd.
Rusoro Mining Ltd.

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Rusoro Mining Ltd. Rusoro Mining Ltd.

Rusoro Mining News


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November 22, 2010
Rusoro Exports First Gold Shipment

Rusoro Mining Ltd. ("Rusoro" or "the Company") is pleased to report that the Company's first offshore gold sale has been completed. The Company delivered 4,924.2 ounces of gold to Switzerland for its gold buyer on November 17, 2010 at a spot gold sale price of US$ 1342.5 per ounce less associated costs and commissions. Rusoro's first gold export in accordance with the Central Bank of Venezuela ("CBV") permit which became effective on November 1, 2010, authorized the sale of approximately 50% o...
November 05, 2010
Rusoro Issues Warrants

Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro") has agreed to issue warrants to an arm's length third party entitling it to purchase up to 12,354,915 common shares at a price of $0.40 per share on or before November 10, 2011. The warrants are being issued as a bonus for funds advanced to Rusoro against the future delivery of gold. The issuance of the warrants is subject to acceptance for filing by the TSX Venture Exchange. ON BEHALF OF THE BOARD "Andre Agapov" Andr...
November 01, 2010
Rusoro Receives Final Permits to Commence Offshore Gold Sales and Begin Mining Activities at the 100% Owned Increible 6 Project

Rusoro Mining Ltd. ("Rusoro" or "the Company") is pleased to report that the permit to initiate the off shore portion of gold sales from the Company's operations has been received and will be effective November 1, 2010. The permit was issued through the Central Bank of Venezuela (CBV) and has authorized the sale of approximately 50% of the gold produced from the Choco 10 and Isidora mines from August 11, 2010 through September 30, 2010 and signals the implementation of the country's new gold s...
September 02, 2010
Rusoro Grants and Re-Prices Incentive Stock Options

Vancouver, Canada -- Rusoro Mining Ltd. (the "Company") has granted incentive options under its Stock Option Plan to certain directors, officers and employees for the purchase of a total of 5,366,000 shares in the capital of the Company. The options are exercisable on or before September 1, 2020 at a price of $0.20 per share, being the closing price of the Company's shares on the TSX Venture Exchange as at today's date. Further, the Company announces that it has re-priced a total of 4,843,824 ...
August 30, 2010
Rusoro Reports Q2 2010 Results

Rusoro Mining Ltd. ("Rusoro" or "the Company") Q2 2010 consolidated financial statements and management's discussion and analysis ("MD&A") have been filed on SEDAR ( www.sedar.com ). All amounts set out in this news release are unaudited and in United States Dollars unless otherwise stated. The Company's highlights for the second quarter of 2010 were: ...
July 06, 2010
Rusoro Announces Updated Resource Estimate for the Choco 10 Deposits with a 78% Increase in Measured and Indicated Ounces to 8.3M oz with an additional 2.8M oz Inferred

Vancouver, Canada - Rusoro Mining Ltd. has received an updated resource estimate for the Choco 10 Deposits which was completed by the independent consulting firm Micon International Limited ("Micon"). The operating Choco 10 Mine, which produced 126,000 ounces in 2009, is located in the El Callao Mining District in southeastern Venezuela. The Project is currently the subject of a Feasibility Study evaluating an expansion of the Choco operations to 20,000 tonnes per day. The Micon independent...
June 22, 2010
Rusoro Announces Second Payment of $13 million Principal of the Restructured Senior Secured Exchangeable Loan

Vancouver, Canada - Rusoro Mining Ltd . ("Rusoro") is pleased to announce that on June 22, 2010 ("Closing Date") it made the second installment of the outstanding restructured senior secured exchangeable loan which was due on July 10, 2010 (the "Loan") as per the definitive Amendment and Restatement Agreement relating to the Loan with Petropavlovsk PLC (formerly Peter Hambro Mining PLC) as lender and agent in respect of the Loan and the other lenders. All amounts in this news release are ...
June 11, 2010
Rusoro Announces Closing of the Restructuring of its Senior Secured Exchangeable Loan and Payment of $20 million Principal and Interest

Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro") is pleased to announce that on June 10, 2010 ("Closing Date") it successfully closed the restructuring of its outstanding senior secured exchangeable loan which was due to mature on June 10, 2010 (the "Loan") and has entered into a definitive Amendment and Restatement Agreement relating to the Loan with Petropavlovsk PLC (formerly Peter Hambro Mining PLC) as lender and agent in respect of the Loan and the other lenders. All amounts in thi...
June 03, 2010
Rusoro Announces Restructuring of its Senior Secured Exchangeable Loan

Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro") is pleased to announce that it has completed discussions with the lenders in respect of restructuring of its outstanding senior secured exchangeable loan which is due to mature on June 10, 2010 (the "Loan"). All amounts in this news release are in United States dollars unless otherwise stated. R...
June 01, 2010
Rusoro Reports Q1 2010 Results

Rusoro Mining Ltd. ("Rusoro" or "the Company"), is pleased to report its financial results for the three- month period ended May 31, 2010 ("Q1 2010"). The Company's Q1 2010 consolidated financial statements and management's discussion and analysis ("MD&A") have been filed on SEDAR ( www.sedar.com ...
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