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Adroit Resources Inc

www.adroitresources.ca

 
Adroit Resources Inc is a Vancouver, BC-based company in the Agriculture and Mining sector.
  • Number of Employees: 100-250
  • Annual Revenue: $10-50 Million

Executives

Name Title Contact Details

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Rio Tinto

As pioneers in mining and metals, we produce materials essential to human progress. Aluminium and copper, diamonds, gold and industrial minerals, iron ore, coal and uranium: our materials make up the world around us. You`ll find them in smartphones, planes, cars, hospitals and throughout your home. We operate with pioneering spirit. We`ve developed some of the world`s largest and best quality mines and operations, and our people work in around 35 countries across six continents. We`ve pioneered technological innovations, such as our Mine of the Future™ programme and our low-CO2 aluminium from hydropower. And we`ve paved the way in areas such as safety, tax transparency and legacy management. We continue to pioneer progress for a better future. Through research and innovation, we`re helping meet the needs of society in a growing and changing world. We produce essential materials responsibly. Our activities help economies grow and communities prosper. And it`s all underpinned by an absolute commitment to safety – for our people, contractors, and the communities in which we operate – and to minimising our environmental impact. We partner for human progress. We partner with auto industry leaders in developing alloys that are enabling a new generation of lighter, fuel-efficient vehicles. We partner with peers in organisations like the International Council on Mining & Metals to seek better ways to operate. And we work with NGOs worldwide to address some of mankind`s most fundamental challenges: how to grow more food, make better use of water, extend access to healthcare, and reconcile enhanced living standards while minimising impact on the planet. We also partner with the communities in which we operate, sharing the wealth and benefits of what we do with local people, through employment, skills and education, and local economic development initiatives that aim to build self-sustaining communities long after we`re gone.

Gold Reserve Incorporated

Gold Reserve Inc. (“Gold Reserve” or the “Company”) is engaged in the business of acquiring, exploring and developing mining projects. The Company, an exploration stage company incorporated in 1998 under the laws of the Yukon Territory, Canada and continued to Alberta, Canada in September 2014, is the successor issuer to Gold Reserve Corporation which was incorporated in 1956. In 1992, the Company acquired and began developing what is known as the Brisas gold and copper project, located in the historic Km 88 mining district of the State of Bolivar in southeastern Venezuela (the “Brisas Project”). From 1992 to 2009, the Company invested close to US $300 million in acquisition, land exploration, development, equipment, and engineering costs, developing the Brisas Project into what management believed was a world class mining project. In April 2008 the Bolivarian Republic of Venezuela revoked the Authorization to Affect, eliminating the Company`s ability to exploit the Brisas Project. In October 2009, the Company filed a Request for Arbitration under the Additional Facility Rules of the International Centre for Settlement of Investment Disputes (“ICSID”) of the World Bank, in Washington D.C., against the Bolivarian Republic of Venezuela seeking compensation for the losses caused by the actions of Venezuela that terminated our Brisas Project in violation of the terms of the Treaty between the Government of Canada and the Government of Venezuela for the Promotion and Protection of Investments. In September 2014, the ICSID Tribunal unanimously granted us an Award of $740.3 million. In July 2016, we signed a Settlement Agreement (as amended) whereby Venezuela agreed to pay us $792 million to satisfy the Award and $240 million for the purchase of the Mining Data for a total of approximately $1.032 billion payable in monthly installments. The first $240 million to be received by Gold Reserve from Venezuela is related to the sale of the Mining Data. Venezuela has paid the Company a total of approximately $254 million pursuant to the Settlement Agreement. Approximately $913 million (including interest of approximately $135 million) remains unpaid. The Company is currently working on collecting the remaining payments contemplated under the Settlement Agreement (See Arbitral Award section) and executing the Mixed Company Agreement (See Mixed Company section). The Company maintains its executive/administrative office at 999 West Riverside Ave., Suite 401, Spokane, Washington 99201 USA, and is listed on the Toronto Venture Exchange (symbol: GRZ.V) and quoted on the OTCQX Markets Exchange (symbol: GDRZF). The Company employed 8 individuals as of June 30, 2021.