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Crystallex to be operator at Las Cristinas

A REVIEW of Canadian miner Crystallex International Corp’s planned 266,000-ounce per annum Las Cristinas gold project in Venezuela has shown the project will cost more to develop than previously estimated, though on the flipside, cash costs are set to improve.

Sarah Belfield Belfield
Crystallex to be operator at Las Cristinas

The review, which compared owner-operator mining and contract mining of Las Cristinas saprolite ores, saw the capital cost estimate for the project increased 10% to US$266 million, while total cash costs...

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