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Euromax wins court ruling restoring merger approval for its Macedonian mining concessions.

Company Fundamentals
04 Jun 2026
TheNewswire
View Source
Bullish
pluang ai news

Euromax Resources announced that the Higher Administrative Court of North Macedonia overturned the government's 2023 withdrawal of merger approval for its Ilovica 6 and Ilovica 11 mining concessions. This ruling reinstates the original merger approval, allowing Euromax to proceed with finalizing agreements with state institutions. The decision clears the way for Euromax to advance its Ilovica-Shtuka gold-copper project, potentially boosting local and national economic growth. The company expressed optimism about moving forward following the court's favorable decision.

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