Calamos Supports Greece

Gold Mine

Gold Nugget Worth $250,000 Sparks Gold Rush in Australia

Using an amateur metal detector, an Australian man discovered a large gold nugget in Victoria's goldfields in March last year. The nugget is nearly 250,000 AUD ($160,000) in value and weighs 4.6kg. The discovery was made in the "golden triangle"...

Billions Worth of Gold May Be Hidden in an Abandoned California Mine

A gold mine in Nevada County, California which ceased operations in 1956 may reopen after experts suggest that it may still contain one of the world’s highest-grade gold reserves. The San Francisco Chronicle reports that the future of the 160-year-old...

New Mineral Discovered in Gold Mine Named After Greek Scientist

A new mineral discovered in an abandoned gold mine in Hungary has been named kanatzidisite in honor of Greek scientist Mercouri Kanatzidis, an inorganic chemist at Northwestern University, Chicago. The mineral, a chalcogenide, was found during the summer in the...

Activists Hold Protest Rally in Thessaloniki in Support of Suspects in Gold Mine Arson

Members of two anti-mining groups from Halkidiki and Thessaloniki held a protest rally in central Thessaloniki on Saturday in support of 21 people accused of participating in the torching of a goldmine in Halkidiki, who are expected to appear...

Greek Council of State Cancels Govt Recall of Hellas Gold Mining Study Permit

The controversy over mining projects in northern Greece continues as the Greek Council of State cancelled the Productive Reconstruction, Environment and Energy Ministry's decision to recall the permits for Hellas Gold's technical mining studies in northern Greece. The country's supreme court argued that the...

Chalkidiki Miners Meet with Local Authorities to Discuss Suspension of Mine Development

Miners in Chalkidiki, northern Greece, met with authorities from the municipality of Arnaia on Wednesday to discuss the Greek government's decision to suspend Hellas Gold's development of a gold mine in Skouries and Olympias. Prior to and during the meeting, some miners had taken over...

Anti-Mining Protesters Clash with Police in Greece, Miners Block Streets

About 1,000 anti-mining protesters on Sunday clashed with police at Kakkavos in northern Greece with the authorities arresting 78 people, while mine workers are blocking the streets on Monday. The Canadian-run Hellas Gold company operating the gold mine in Skouries...

Eldorado Gold Suspends Mining and Development Activities in Northern Greece

Eldorado Gold confirmed that Hellas Gold, a Greek subsidiary of the company, will undertake actions to suspend all its mining and development activities in Chalkidiki, northern Greece, commencing the week of August 24, 2015. The suspension, which will affect Hellas...

Greek PM Tsipras: 'Where There's a Will, There's a Way'

Greek Prime Minister Alexis Tsipras congratulated Productive Reconstruction, Environment and Energy Minister Panos Skourletis on Wednesday on his efforts to protect the environment following the latter’s decision to temporarily suspend the license of Canadian mining company Eldorado Gold, arguing...

Greek Environment Minister Announces Stoppage of Skouries Goldmine Development

Greek Productive Reconstruction, Environment and Energy Minister Panos Skourletis announced on Wednesday that there will be a temporary stop on the ongoing gold mining project in Skouries, northern Greece. "With my decision today, we recall the approval of the technical studies....