Allied Gold amends accusation against GRES

published 16 August 2012

Allied Gold Mining has made a slightly red-faced apology to the Managing Director of GR Engineering Services (GRES) after making allegations against him rather than simply the company in a statement released on August 2nd.

In the statement Allied said its wholly-owned subsidiary, Gold Ridge Mining, was making a claim for $47m that included "$1.15m on account of false and misleading statements by the GRES managing director".

Allied Gold has now apologised to director and co-founder Joseph Ricciardo and "clarifies that the allegations are made against GRES, and not its Managing Director".