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Miner raises $51 million amid Venezuela arbitration claims, tax scrutiny and cyber breach

Both parties allege serious conflicts of interest that could derail the long-running Delaware proceedings

A federal judge denied the Bermudian-based company’s attempt to block a rival bid for Venezuelan-owned Citgo

A federal judge said the Venezuelan oil company could not escape repayment on its 2020 bonds

Expenses tied to enforcing its arbitral award from Venezuela surge to $7.2 million in the second quarter

The loss amount in dispute is subject to quantification in the arbitration, but could exceed $7 billion

The action relates to efforts to recognise and enforce the company’s 2014 arbitral award against Venezuela

Two additional and Bermudian-based directors were appointed after the meeting

Paul Rivett will continue to serve as a director and as executive vice-chairman of its board of directors

Shareholders of Gold Reserve Inc are to vote on a plan of arrangement next month

The deal complements parent company’s existing royalty on Cascabel copper-gold project

Crypto insurance company has an operation in Bermuda