BUSINESS

Eldorado issues response to Greek ministry

TAGS: Business

Eldorado Gold Corp responded to a statement posted on the Greek Energy and Environment Ministry’s website on Thursday about seeking arbitration over the Canadian company’s gold mine investment, saying it has not received formal notification or any details of any arbitration proceedings.

It stated that “at this time, Eldorado’s operations and development projects are continuing to plan.”

The company underscored that it has consistently received positive decisions from Greece’s Council of State in 18 cases confirming the integrity of its permits.

[Reuters]

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