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Local News - Local - December 06, 2012
Gold Reserve prepares response in Venezuelan mine dispute
Settlement with Venezuelan government still a possibility

By Treva Lind
Of the Journal of Business

Gold Reserve Inc., the Spokane-based mine-exploration company, says it's assembling a response to an international arbitration panel's recent request asking for additional evidence in its $2.1 billion claim against the Venezuelan government over a seized mine property.

A tribunal under the International Centre for Settlement of Investment Disputes set a deadline of Dec. 21 to receive further evidence related to valuation questions in order to make a determination of fair market va...


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