Reuters logo
BRIEF-Eldorado Gold receives arbitration notice from Greek government​
September 14, 2017 / 12:20 PM / 9 days ago

BRIEF-Eldorado Gold receives arbitration notice from Greek government​

Sept 14 (Reuters) - Eldorado Gold Corp

* Eldorado Gold receives arbitration notice from greek government

* Eldorado - co’s ‍Greek unit got formal notice from Greece’s Ministry of Finance and Ministry of Environment and Energy initiating domestic arbitration​

* Eldorado Gold - ‍arbitration notice alleges that technical study for Madem Lakkos Metallurgical Plant in Stratoni Valley, submitted in Dec 2014, is “deficient​”

* Eldorado Gold Corp - ‍arbitration is pursuant to provisions of contract between Greek State & Hellas Gold

* Eldorado Gold - notice alleges technical study submitted in Dec 2014 is deficient; is in violation of transfer contract, environmental terms of project​

* Eldorado Gold Corp - ‍“We will vigorously defend our rights and employ all legal means at our disposal”​ Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below