13 октября 200611:48
Russian Federation Ministry of Natural Resources might annul Eureka Mining license allowing it to develop Mikheevskoye field and hold new auction, claims First Deputy Governor of Chelyabinsk Region Vladimir Dyatlov
The final decision as to whether to annul the license allowing Eureka Mining to develop Mikheevskoye field will be made by the Russian Federation Ministry of Natural Resources, which has recently received a complaint from the regional public prosecution bodies that claim the English company do not obey the licensing agreements, First Deputy Governor of Chelyabinsk Region Vladimir Dyatlov announced at a conference. ‘If Eureka Mining tried harder, it would have pretty good chances of keeping the license; yet there are a lot of people willing to develop the deposit more effectively, so the