Eldorado Gold Seeks Payment Over Delays On Greek Project
Eldorado Gold Corp. (TSX: ELD; NYSE: EGO) says it has requested a government payment of some $750 million euros for damages that are the result of delays in permits for the Skouries project. The payment does not initial legal proceedings. "The application represents a good-faith attempt to resolve the matter with the Greek state as it relates to costs incurred resulting from permit delays to our Skouries project,” says George Burns, president and chief executive officer. He later adds, “We hope that this matter can be resolved in an amicable manner without needing to go down the route of arbitration."
By Allen Sykora of Kitco News; email@example.com
Rockingham Named VP For Exploration At Alamos
Tuesday September 18, 2018 08:43
Chris Rockingham has been named vice president for exploration at Alamos Gold Inc. (TSX, NYSE: AGI), the company reports. He has more than 30 years of exploration experience on precious- and base-metals deposits in North and South America. He was most recently vice president for exploration at AuRico Metals.