Canadas Empire Mining recovers full legal rights on Albanian licences.

By bne IntelliNews November 7, 2012
Canada-based mineral extraction company Empire Mining has fully recovered its Albanian chromite licenses, saying the Albanian authorities plan no further legal actions against the company. Empire won a lawsuit against the Albanian economy ministry in July 2012, while the ministry has not appealed this decision to the Supreme Court during the allotted appeal period, the company said in a statement. Empire has successfully argued that the ministrys October 2011 ruling to remove prospective regions from Empire's Bulqiza-Batra license violates the Albanian law.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 259

Related Articles

Albania calls tender for supervision of sewerage project.

Albania has called a tender to select a company to supervise the construction and supplies for a sewerage system and waste water treatment plant in Velipoja area, the European Commission informed ... more

Albania's govt approves changes in concession agreement for Devoll project.

The Albanian government has approved changes in the concessionary agreement for the Devoll Hydropower cascade, which formally enables Austrian EVN to exit from the project, the cabinets press ... more

Albanian parliament panel endorses EUR 12.7mn EBRD loan for dam safety project.

The economy and finance committee of Albanias Parliament has approved a EUR 12.7mn loan from the European Bank for Reconstruction and Development (EBRD) to be used to fund a project for upgrading ... more