Skouries

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...

Kick-Starting Stalled Investments Will Give Much-Needed Boost to Greek Economy

Greece’s financial crisis is still affecting the hopes and dreams of the people that live in the country, as it has been in economic turmoil for most of the last decade. Greece’s GDP shrunk 26% in the span of eight...

New Greek Energy Minister to Revive Helliniko and Skouries Projects

The new government’s Energy and Environment Minister, Costis Hatzidakis, has said that two of Greece’s biggest investment projects that have been stalled or blocked for years, will be immediately revived.   The Helliniko privatization in coastal southeast Athens and the Skouries...

Eldorado Gold Chief Says Elections a Catalyst for Investment in Greece

Eldorado Gold President and CEO George Burns said this week that the upcoming general elections in Greece will be the catalyst for the mining company's investment in the country. The statement was made during a teleconference with analysts in regard...

Greece's Opposition Leader Pledges to Unblock Huge Investment Projects

Greece's opposition leader Kyriakos Mitsotakis pledged to issue permits for the mining project in Skouries, northern Greece, in his very first month in office and push for the development of the site of the former Athens Airport of Hellinikon. In...

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...

Greece Gives Eldorado Gold Positive Ruling

Canada’s Eldorado Gold Corp and its subsidiary Hellenic Gold on Wednesday received a positive ruling from arbitrators on its planned gold mining plant in Greece, Reuters says. However, the company is awaiting mine development permits, after it had suspended operations...

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...

Miners Protest while Greek Gov't Continues Tiff with Eldorado Gold

Hundreds of miners from the Chalkidiki region gathered outside the Ministry of Environment and Energy on Thursday to protest against the State's unwillingness to provide certain permits to their employer, Eldorado Gold. The Canadian mining company has given an ultimatum...

Eldorado Gold Miners Descent to Athens Demanding Government Issue Permits

Workers from the Eldorado Gold mines in Chalkidiki, northern Greece, have announced that they will travel to Athens again, to demand that the government issues the necessary permits for the company to continue its operations. The Canadian company has set...