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Eldorado Gold

Eldorado Miners Storm Greek Ministry (video)

Miners from the Eldorado Gold mine in Chalkidiki, stormed the Greek Ministry of Environment in Athens, demanding that the government provides the necessary permits for the Canadian company to continue its operations in northern Greece. Dozens of miners descended to...

While Greek PM Calls for Investors, his Men Try to Chase them Away

Greek Prime Minister Alexis Tsipras is either having a problem accepting the truth, or he is completely disconnected from his cabinet and comrades. Or both. Although on Saturday he declared that Greece is "thirsty" for foreign investments and urged...

Greece's Main Trade Union Criticises Government's 'Hostile Attitude' Towards Investments

On Monday, Greece's main private sector union GSEE, said that it "strongly disagrees" with the decision by Canadian miner Eldorado to halt all investment activities in Greece, as well as with the government's "hostile attitude" towards investments. "GSEE supports the...

Chain Reaction to Eldorado Gold Halting Operations in Greece

The announcement earlier today by Canadian mining company Eldorado Gold to suspend all its operations in Greece, has caused cataclysmic reactions at home and abroad, against the Greek government. The Syriza-led coalition government is being accused of being hostile towards...

Goodbye and Good Riddance to Eldorado Gold Says Tsipras’ Advisor

In a statement on social media, a close advisor to PM Alexis Tsipras said good riddance to Eldorado Gold, after the company decided to suspend its investment in Greece. Nikos Karanikas, the advisor for strategic planning for the PM's office,...

New Democracy: Tsipras is like Hurricane Irma on Foreign Investment

Greece's main opposition party; New Democracy, reacted to the announcement by Canada's Eldorado Gold company to suspend its investment in northern Greece, by blaming government policy. Spokesman Vasilis Kikilias said that PM Alexis Tsipras'  promise of foreign investments, has been refuted. "Mr....

Eldorado Gold Suspends Investment in Greece

Canada’s Eldorado Gold Corp said on Monday it would suspend investment at its mines and development projects in Greece due to a delay in obtaining permits from the Greek government. This represents a major blow to the recent efforts of...

Energy Minister Announces Arbitration with Eldorado Gold in September

The Greek government plans to start an arbitration process next month to settle its differences with Canada’s Eldorado Gold Corp over its gold mine development plans in northern Greece, the energy minister announced on Thursday. “We have decided to resort...

Worker Dead by Falling Tree in Skouries Gold Mining Site

A contractor employee at the Skouries gold and copper site in Chalkidiki, in northeastern Greece, was struck by a branch from a falling tree Monday, and the accident resulted in fatal injuries. "Our deepest condolences and support go out to...

Eldorado Goldmine Arbitration to Start in August

Eldorado Gold will face Greek officials in an arbitration court later this month as the country's government sees the move as the preferred way to settle its differences with the Canadian miner. The country’s Energy Minister George Stathakis met representatives from Eldorado's...