Greece aims to resolve a long-standing standoff with Canada’s Eldorado Gold Corporation over its development plans in the coming weeks, the Energy Ministry said on Tuesday, according to Reuters.
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, chiefly over environmental regulations.
Eldorado blames Greece for long delays in issuing necessary permits, while Athens says the company has submitted a deficient plan to constructed a metallurgical plant that will process ores mined in Skouries and Olympiada.
The Vancouver-based miner last month received a positive ruling from arbitrators on its planned metallurgy plant in Greece but announced it was still awaiting some permits for the project.
Greek Energy Minister Giorgos 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 Energy Ministry quoted Stathakis as noting without elaborating.
The ministry did not specify what such an agreement will entail but pointed out that the ruling meant that Greece had to make sure that Eldorado will produce pure gold, silver and zinc in the country.
Read more at ekathimerini.com
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