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Karelian mine boundaries finalised for Lahtojoki

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Karelian Diamond Resources plc said that the mine boundaries for the Lahtojoki project have been finalised after no appeal was lodged against the August court ruling.

Advisors: no application to appeal against the decision was lodged (Pixabay)

RULING

Two landowners had 60 days to appeal against the amounts of compensation due to them as well as the mine boundary.

The company’s legal advisors have confirmed that no application to appeal against the decision had been lodged with the Finnish Supreme Court.  

Lahtojoki, which lies in the Kuopio Kaavi region of Finland, is expected to be “the first diamond mine in the European Union”.

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