News

Investor Company Avellana Gold Ltd. Enlisted the Support of the Ministry of Finance of Ukraine in Solving the Problem of Licenses Issuance Investor Company Avellana Gold Ltd. Enlisted the Support of the Ministry of Finance of Ukraine in Solving the Problem of Licenses Issuance

The State Geological and Subsurface Survey of Ukraine groundlessly refuses American investor Avellana Gold the extension of the licenses for geological exploration of the Transcarpathian deposit of polymetals. On this occasion, November 30, the head of Avellana Gold Brian C Savage met with the Head of investment protection company Ukrinvest Daniel Bilak and the government investment commissio…

Avellana Gold Took Part in the Annual General Membership Meeting of European Business Association Avellana Gold Took Part in the Annual General Membership Meeting of European Business Association

Avellana Gold joined the EBA Annual General Membership Meeting on November 16. This is the largest and most exquisite gathering of business community in Ukraine, which has united more than 700 companies, as well as representatives of the authorities and partners of the Association. Participants of the Meeting took part in the panel discussion on the development of Ukraine and its position on t…

Avellana Gold Got a Withdrawn License for Polymetal Mining Back Avellana Gold Got a Withdrawn License for Polymetal Mining Back

The General Prosecutor Office has returned to Avellana Gold a special permit for polymetal mining at Muzhievo deposit owned by an American investor, as well as confidential geological information about the deposit. "The General Prosecutor Office reacted very quickly to our appeal to intervene in the problem. October 20, we have faced an incomprehensible situation, when for some unknown reason m…

American Company Avellana Gold Asks the General Prosecutor Office for Protection against Raiders American Company Avellana Gold Asks the General Prosecutor Office for Protection against Raiders

Investor company Avellana Gold addressed the Prosecutor General Yuriy Lutsenko and asked to investigate the confiscation of license for polymetal mining at Muzhievo deposit. Some days ago, law enforcement people conducted a search at the office of Carpathian Mining Company, which was previously bought out by the American company Avellana Gold Ltd. On site, the Company employees were told that…

Masked Law Enforcement People Willfully Seize the License for Muzhievo Deposit from the American Gold Mining Company Masked Law Enforcement People Willfully Seize the License for Muzhievo Deposit from the American Gold Mining Company

October 20, masked men, who introduced themselves as people from the Security Service of Ukraine, have trashed the office of Carpathian Mining Company in the Zakarpattia village of Muzhievo as well as the apartment of the Company director in Kyiv and in Beregovo. A group of strangers have not provided any valid explanation for seizing mining information and the special permit for the exploration o…