mining

Eldorado Gold, the Canadian mining company, announced on Thursday that the exploitation of the gold and copper deposits at the Skouries mine in Halkidiki, Greece can now go forward as the board approved the investment decision and a facility...

The world's most controversial cryptocurrency, Bitcoin, has a climate impact greater than the production of beef and results in nearly as much environmental damage as crude oil, researchers in the United States have calculated. Research from the University of New...

A big Pink Diamond dubbed Lulo Rose has been discovered in the central African country of Angola, and it’s claimed to be the largest in the last 300 years. The rare 170-carat stone was found at the Lulo alluvial diamond...

The now-highly polluted Salton Sea, in California, could become the "Saudi Arabia of lithium," experts say due to its high concentration of the metal. The lake was formed in 1905, as floodwaters spilled from the Colorado River into an...

China’s central bank declared all transactions involving Bitcoin and other virtual currencies illegal on Friday, stepping up a campaign to block use of unofficial digital money. Chinese banks were banned from handling cryptocurrencies in 2013, but the government issued...

The European Commission announced on Wednesday that it will bring Greece to the European Court of Justice (ECJ) for failing to recover state aid once given to Greek mining company Larco. Athens failed to comply with a 2017 ruling by...

The government expects to reach a deal with Canadian firm Eldorado Gold over a mining project in northern Greece which has been dogged by years of legal wrangling over environmental concerns. An agreement is anticipated in the coming weeks, the energy ministry...

Greek Environment and Energy Minister Panos Skourletis rejected the appeal submitted in September by the Greek company, Hellas Gold concerning the operation of its processing plant. The action was taken against the ministerial decision that led to the suspension...

Greek Environment and Energy Minister Panos Skourletis spoke today of a "necessary compromise" that needs to be reached between government and Eldorado Gold Corporation and underscored the point that his own ministry can contribute towards this goal. The Canadian gold...