Greece
Calamos Supports GreeceCalamos Supports Greece

mines

Greece Grants Eldorado Permits for Gold Mine Projects

The Canadian mining firm Eldorado Gold Corp confirmed on Tuesday that it has received installation permits for both its stalled Skouries mine project and the Olympias mine from Greece’s Ministry of Energy and Environment. The permit will allow for the installation of...

Eldorado Gold Files for €750 Million Damages from Greek State

Eldorado Gold Corporation confirmed that its Greek subsidiary, Hellas Gold, has filed for compensation of approximately €750 million for damages from the Greek state. The move, according to the company, arises from delays in the issuance of permits for the...

UN Concerned Over Failure to Clear Cyprus' Minefields

The UN has said it remains ready to help the two sides in Cyprus develop a roadmap to creating a mine-free island, should there be the political will to do so. UN spokesperson in Cyprus, Aleem Siddique, was invited to...

Eldorado Gold Postpones Decision to Suspend Skouries Mine Operation

Eldorado Gold Corp on Thursday said it had decided to temporarily postpone its decision to place its Chalkidiki assets on care and maintenance. The company also said it entered into dialogue with Greece's Ministry of Energy and Environment to develop...

Hellas Gold Starts Operations of Olympiada Gold Mine in April

Hellas Gold plans to begin operation of its mines in Olympiada Chalkidiki in April, the company's officials told reporters, adding that the official opening will be in June at a ceremony which will include invitees Orthodox Patriarch Bartholomew and...

IMAS Factory in Volos Closes Its Doors for Good

The deindustrialization of Greece, a process that begun sometime in the late 1970s and has left the country bereft of industry save for a few companies, has taken its toll on yet another productive unit, the IMAS factory. The IMAS...