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Bullboard - Stock Discussion Forum Orea Mining Corp OREAF

Orea Mining Corp. is a Canada-based gold exploration and development company. The Company’s principal business activities are the acquisition, exploration and development of resource properties. In French Guiana, Orea holds a major interest in the world-class Montagne d’Or mine development project. The Montagne d’Or project is situated in western French Guiana and is comprised of over two... see more

GREY:OREAF - Post Discussion

Orea Mining Corp > NordGold's French action news
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Post by phoenix_trader on Dec 16, 2021 12:29pm

NordGold's French action news

The launch by Alexei Mordashov's Severgroup of proceedings against the French state over the 'Montagne d'Or' case involving a vast gold-mining project in French Guiana has sparked lively interest from the small community of arbitrators and business diplomats in Paris.

Alexe Mordashov, head of Severgroup, the holding that controls Nord Gold, claims 4 billions euros in indemnities for the Montagne d'or project.
Alexe Mordashov, head of Severgroup, the holding that controls Nord Gold, claims 4 billions euros in indemnities for the Montagne d'or project. © Jeff Kowalsky/EFE/Newscom/MaxPPP

RUSSIA/FRANCE : Nord Gold's arbitration against Paris in Montagne d'or case sends arbitrators abuzz (intelligenceonline.com)
Comment by 123buyholdhope on Dec 17, 2021 11:11am
Did not access the article as its in the pay for section. My view, don’t pay the so-called buzz much attention. Nordgold has its own legal team and won’t be bringing in any outside funders or French legal wizards. Nor will the French Gov who have their own reps. As to any ‘lively interest’ in Paris– why? Only 3 arbitrators usually are involved in C of Arb process and maybe not at all in this ...more  
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