It's coming - Part 3
The new contract, signed by RIS and Eldorado Gold for the mines of Halkidiki, is in the process of approvals by Greek and community services. In this context, the final approval of the new agreement by DG Comp (the Commission's Directorate-General for Competition) is expected, so that the contract can be forwarded to parliament.
According to information, the leadership of the Ministry of Environment and Energy estimates that the above process will be completed within the next three weeks, so that in March the contract will be ratified by the parliament.
Regarding the individual issues of the contract, according to the information, the amendment of the Decision of Approval of Environmental Conditions regarding the technology of dry waste disposal is also expected, with Hellenic Gold having already submitted the relevant study to RIS.
However, the issue of metallurgical treatment of concentrates is postponed to be resolved within two years. It is noted that the issue is being considered by a special committee, which will favor the best solution, after negotiations with Hellenic Gold.
Cheers to all the patient investors!!