Tag Archives: Eldorado Gold

Greece’s Environment & Energy Ministry approved the amended Environmental Impact Assessment for the Kassandra goldmines in northern Greece, Eldorado Hellas Gold announced on Thursday. It said the development opens the way for the use of the dry deposition method in safe storage of mining residue at the Skouries mines in …

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Eldorado Gold Corp is open to discussions on potentially paying higher royalties in Greece as it seeks permits needed to restart work at its stalled Skouries development, chief executive officer George Burns said on Monday. The Canadian miner will also seek a strategic partner to help fund the $680 million …

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Mitsotakis government is determined to unblock big investment projects with two of them being Ellinikon at Athens Riviera and the other one the Eldorado mining project in Halkidiki, North Greece. While the Prime Minister is meeting with Spyros Latsis on Elliniko n Project, his energy minister Kostis Hatzidakis met with …

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Canada’s Eldorado Gold  has won a key battle in its ongoing row with Greece after an arbitration panel ruled in favor of the company’s technical plans to build a metallurgy plant to process  concentrate mined from Skouries and Olympias in Northern Greece. The panel rejected allegations that a technical study …

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Shares in Eldorado Gold were slightly up on Tuesday after the company announced full-year production that came in line with production guidance, but suspended its semi-annual dividend payment “pending the results of the technical reports and potential subsequent capital requirements.” In a press release, the Vancouver-based miner revealed that, including …

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For one more time, Eldorado Gold said it would freeze investments in its Skouries gold mine in North Greece, taking a tough stand in its battle with the country’s government. The decision threatsn the jobs of 500 people. But how many people do really work for Eldorado Gold in Greece? …

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Canadian Eldorado Gold made a last minute U-turn and put on hold its previous decision to suspend its operations in northern Greece. Allegedly, its effort to increase pressure on Greece at highest possible level incl. the Canadian prime Minister, the European Commission and the International Monetary Fund have failed. A …

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A group of ten workers at the Eldorado Gold mines managed to bypass police and entered the Development and Environment Ministry in Athens on Wednesday morning. Miners clashed with riot police when a larger group attempted to enter the ministry. Police made limited use of teargas. The 150 workers had …

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Canadian Eldorado Gold Corporation announced it would suspend investment at its mines and development projects in Greece as of September 22nd 2017 due to a delay in permits from the Greek government. In a statement issued on Monday, the company said no additional investment will be made into the Olympias …

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Greece plans to start an arbitration process in September to settle its differences with Canada’s Eldorado Gold Corp over its gold mine development plans in northern Greece, its energy minister said on Thursday. Greece had previously planned to start the process this month. “We have decided to resort to arbitration …

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The crisis between the Greek government Canadian mining Eldorado Gold and its Greek subsidiary Hellas Gold moved to a new level of escalation on Thursday, when the junior partner of the coalition government accused the Greek subsidiary of  “fraud” and “money laundering.” The claims came from other than the leader …

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It has been an affair of love and hate: Protagonists are: an investor –  Canadian gold-miner Eldorado Gold -, three Greek governments and the locals in Skouries divided over whether to allow gold-mining or not. Lots of tears were shed and lots of anger occurred in the last three years …

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Slowly and gradually it looks as if Canadian Eldorado Gold steps backs and reconsiders its plans of gold mining in Greece and Romania. Official justification is the sliding prices of gold.I don’t how if there were protesters in Romanian project, but things are expected to calm down in Halkidiki peninsula …

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Greek Gold,  branch of Canadian Eldorado Gold leaves open the possibility to withdraw from Greece, justifying the reactions to gold mining in Chalkidiki and Thrace in petty interests of local communities. Speaking at a press conference on Tuesday, CEO of Greek Gold P. Stratoudakis said “The question is whether a country can …

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Teargas, hurled stones,  minor injuries and detentions make the scenery of the protest in Skouries where several hundreds residents gathered and local organisations on Sunday to protest gold mining facilities. While the incidents are not covered by mainstream television channels, a number of newsportals and tweets ( Twitter #skouries also reporting  in English) report …

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