Canadian miner's subsidiary again pursues legal route to unblock govt opposition to Skouries site

Tuesday, 07 November 2017 18:02
UPD:18:06
ΑΠΕ-ΜΠΕ/ELDORADO GOLD/STR

A simmering row between the leftist-rightist coalition government and the Greek subsidiary of Canadian miner Eldorado Gold continued on Tuesday, as the latter filed a petition with Greece's highest administrative court to overrule a decision by the relevant minister not to renew a license for the Skouries site.

Hellas Gold will seek legal redress at the Council of State (CoS) to overturn a decision by Environment and Energy Minister Giorgos Stathakis not to extend, by a year, the license for the installation of electro-mechanical equipment at auxiliary and enrichment facilities at the Skouries gold mine complex - the focus of a bitter clash between anti-mining opponents in the area and the company.

The previous license expired on March 24, 2017, whereby the company duly asked for a one-year renewal. That request was rejected by Stathakis.

The mining concession awarded to Eldorado Gold subsidiary Hellas Gold is considered as the biggest industrial foreign direct investment in the country.
 

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