Eldorado Gold Seeks Payment Over Delays On Greek Project

By Kitco News / September 18, 2018 / www.kitco.com / Article Link

Eldorado GoldCorp. (TSX: ELD; NYSE: EGO)says it has requested a government payment of some $750 million euros fordamages that are the result of delays in permits for the Skouries project. Thepayment does not initial legal proceedings. "The application represents agood-faith attempt to resolve the matter with the Greek state as it relates tocosts incurred resulting from permit delays to our Skouries project,” says GeorgeBurns, president and chief executive officer. He later adds, “We hope that thismatter can be resolved in an amicable manner without needing to go down theroute of arbitration."

By Allen Sykoraof Kitco News; asykora@kitco.com

 

Rockingham Named VP ForExploration At Alamos

Tuesday September 18, 2018 08:43

Chris Rockingham has beennamed vice president for exploration at AlamosGold Inc. (TSX, NYSE: AGI), thecompany reports. He has more than 30years of exploration experience on precious- and base-metals deposits in Northand South America. He was most recently vice president for exploration atAuRico Metals.

By Allen Sykora

For Kitco News

Contactasykora@kitco.com Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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