Crystallex gets priority in proceeds from Citgo owner share sale

Mining News Pro - A US judge ruled Crystallex International Corp. will get first dibs among Venezuela’s creditors when shares in Citgo Petroleum Corp.’s parent company are sold at auction in October, which would help to pay $1.2 billion awarded to Crystallex as compensation for a gold mine seized more than a decade ago.

Crystallex closer to being paid off by Venezuela

Mining News Pro - Delaware District Judge Leonard Stark -almost- made Canadian miner Crystallex’s wishes come through.

Crystallex asks US judge to approve sale Venezuelan oil refiner by January 2021

Mining News Pro - Canadian miner Crystallex asked Delaware District Judge Leonard Stark to set January 11, 2021, as the date to sell the shares of PDV Holdings, the parent company of refiner Citgo Petroleum Corp., which is owned by Venezuela.

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