TODD BRUCE - CRYSTALLEX INTERNATIONAL CORPORATION (KRY)
CEO Interview - published 12/20/2004
DOCUMENT # ZAS602
TODD BRUCE is President, Chief Executive Officer and Director of
Crystallex International Corporation. Mr. Bruce brings to Crystallex
extensive experience in the gold mining industry, having most recently
served from February 1996 through January 24, 2003, as President and
Chief Operating Officer of IAMGOLD Corporation, a TSX and AMEX listed
company whose principal assets, the major Sadiola gold mine and the
Yatela gold mine, commenced commercial production in 1997 and 2001,
respectively. Mr. Bruce played a leadership role in the growth and
financing of IAMGOLD, in the implementation of the IAMGOLD's innovative
Gold Money policy, and in the merger of Repadre and IAMGOLD in January
2002. Prior to joining IAMGOLD, Mr. Bruce served from 1980 through
January 1996 in a number of senior management positions with the South
African company, Johannesburg Consolidated Investment Co. and its
successor company, Anglo American Platinum Corporation. Immediately
prior to joining IAMGOLD, Mr. Bruce served as Executive Director:
Marketing, Business Development and Strategic Planning for Anglo
American Platinum Corporation. Mr. Bruce has a BSc in Geology from the
University of Rhodesia and a Graduate Diploma in Engineering (Mineral
Economics) from University of the Witwatersrand in South Africa
Sector: PRECIOUS METALS
TWST: Give us a brief history of Crystallex International and a picture
of where you are at this time.
Mr. Bruce: Crystallex is a gold mining company that's been around for
some time. While recent interest is focused upon the Las Cristinas
project, we have had ongoing mining operations in Venezuela for many
years. For the past several years, our operations have been concentrated
in what we call our El Callao Mining and Processing Complex. We also
previously had a mining operation in Uruguay, also in South America. As
I noted, the main focus of interest by the investment community
regarding Crystallex is the fact that the company controls what we
consider one of the world's best undeveloped gold deposits, the Las
Cristinas Project in Bolivar State. On the current schedule, we are
looking at commercial production at our Las Cristinas project in
probably five to six quarters from now, sometime in the first half of
2006.
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