26.8 C
Belgrade
Supported byspot_img
spot_img

Greece Vows to Resolve Eldorado Gold Dispute

Member of Europium Groupspot_img
Supported byspot_img

The government expects to reach a deal with Canadian firm Eldorado Gold over a mining project in northern Greece which has been dogged by years of legal wrangling over environmental concerns.

An agreement is anticipated in the coming weeks, the energy ministry has said.

The Vancouver-based miner last month received a positive ruling from arbitrators on its planned metallurgy plant in Greece but said it was still awaiting some permits for the project.

Supported by

Energy Minister George Stathakis discussed the ruling with workers from Eldorado’s Greek unit on Tuesday.

“The main aim is to reach an agreement in the coming weeks within the spirit of the arbitration ruling,” the ministry quoted Stathakis as saying without elaborating.

The Greek minister added that talks with the parent company “are being held in a constructive climate”.

In a news release following the meeting, the ministry said among other things that “the Greek state, and the Ministry of Energy in particular, is obliged to guarantee that pure gold, silver and copper will be produced, under the exact provisions on behalf of the public interest, and under the restrictions imposed by the European environmental legislation”.

The differences between Eldorado and the government over the miner’s plans to produce gold and other metals in the northern Greek region of Halkidiki have dragged on for years, mainly over environmental regulations.

Eldorado blames Greece for long delays in issuing necessary permits, while Athens says the company has submitted a deficient plan to build the metallurgical plant to process ores mined in Skouries and Olympias.

Source: greekreporter

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 !!