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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: Al Collard who wrote (5542)	12/17/2001 9:27:05 AM
From: Al Collard	Respond to of 11802

TVX-t...in the news: Post says TVX Gold gets mining go-ahead in Greece Mon 17 Dec 2001 The National Post reports in its Saturday edition that TVX Gold has resolved a dispute with Greek government officials and has resumed operations at its Stratoni mine. The Post's Drew Hasselback writes that earlier this month the company declared force majeure at its Stratoni mine after a local mining inspector ordered a suspension of operations. TVX says the suspension has now been lifted and the Greek government has promised a decision on whether the company can expand the mine. While TVX had hoped for a decision by the end of last month, the government now says it will respond to the company's application by Feb. 8. TVX has spent more than $250-million (U.S.) to develop its Greek assets. The company has had difficulty winning governmental support for its operations. It is still waiting to hear whether it can restart the mothballed Olympias gold, lead, silver and zinc mine located about 10 kilometres from the Stratoni mine. The country's top administrative court is considering whether TVX holds valid permits to mine at Olympias.