19.7 C
Supported byspot_img

Canadian gold mine owner seeks damages from Greece

Member of Europium Groupspot_img
Supported byspot_img

Canadian gold mining firm Eldorado Gold is seeking 750 million euros ($875 million) in damages from the Greek state over delays in permits for mining work in the north of the country.

The company said Tuesday the move through its Greek subsidiary, Hellas Gold, is a “good-faith attempt” to resolve the matter, and does not involve the initiation of court proceedings.

The Greek environment ministry said it would examine the request.

Supported by

Relations between the left-led government and the Vancouver-based firm have been tense over proposed mining work in the Halkidiki peninsula.

Eldorado Gold had previously threatened to suspend operations in Greece, endangering 2,000 jobs, while the government has accused the company of breaching environmental laws.

Greece is trying to attract foreign investors as it emerges from an eight-year economic crisis.

Source: wtop.com

Supported byElevatePR Digital

Related News

Rio Tinto challenges Serbian government with arbitration notice on Jadar project

Background of the dispute: Jadar project and environmental protests The British-Serbian activist group Earth Thrive has reported that Rio Tinto has officially notified the Serbian...

There is no technology that guarantees the safe processing of lithium in the form it exists in Serbia

The Rio Tinto lithium mining project has never been conclusively dismissed, just paused, waiting for the dust to settle before being reintroduced with even...

“Jadar” will not pollute river streams

As the discussion about the "Jadar" project has reignited in recent days, the public in Serbia remains confused by the extremely contradictory narratives about...

Serbia’s lithium mining revival: Implications for EU membership and geopolitics

Serbia is aiming to position itself as a significant supplier of lithium in Europe, reviving a contentious mining project that was previously abandoned due...
Supported by
Supported by
Supported by
error: Content is protected !!