TVX Hellas SA, part of the group of companies of “Kinross Gold Corporation” acknowledges the receipt of a permit from the Greek government on February 18th, granting permission for operations to recommence at its Stratoni mine.
However, due to the dramatic restriction of its business activities during recent weeks and the resulting financial restraints in reopening the mine, a period of temporary suspension has been announced.
The period of temporary suspension, which may last until the end of March 2003, will allow the company to make its assessment for the future. Further announcements will be made in due time.