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Tag Archives: Skouries

Eldorado Gold to restart operations in Skouries

Eldorado Gold announced the restart of operations for the development of gold and copper fields in Skouries, Chalkidiki, with the aim to begin commercial production by the end of 2025, early 2026. Construction work began in 2017 and have been completed up to 50% with an investment worth 550 million …

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Eldorado Gold seeks strategic partner in Skouries

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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Greece grants Eldorado Gold permits for mining project

Eldorado Gold confirmed on Tuesday that it has received installation permits for its Skouries project and its Olympias mine from the Greek Ministry of Energy and Environment. Vancouver-based Eldorado has two operating mines and two development projects in northern Greece but has struggled with delays at Skouries for years. Eldorado …

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Gov’t to unblock stalled Eldorado Gold mining investment project

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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Eldorado Gold demands €750mn compensation from Greece for Skouries delays

Hellas Gold, the Greek subsidiary of Canadian Eldorado Gold, has filed an Application of Payment demanding a compensation of 750 million euros from the Greek state for delays in its investment project in Skouries. Prompt was the reaction by the Greek Energy Ministry that said Skouries was only one of …

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Greece to kick off arbitration process over Eldorado Gold project Skouries

Eldorado Gold will face Greek officials in an arbitration court later this month as the country’s government sees the move as the preferred way to settle its differences with the Canadian miner. The country’s Energy Minister George Stathakis met representatives from Eldorado’s local unit Hellas Gold in Athens on Wednesday to discuss …

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Eldorado Gold amends investment in Greece or Just Games for a Handful of Gold?

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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Skouries: Anti-Gold candidate Michos ousts pro-mining mayor Pachtas

It was a slim but clear win for Yiannis Michos, mayor candidate for Aristotelis municipality and member of Anti-Gold Mining Movement in Chalkidiki. Michos received 8,031 votes and won with 51,79% over pro-mining mayor Christos Pachtas who got 7,374 votes and 46,95%. Ierissos residents celebrate the win of Anti-Gold movement …

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Greek police tapped phone calls between anti-mining protesters and media

“Protesters have allegedly formed a criminal organization and have spread false information and propaganda material with the goal to influence local and international media and the public opinion.” Never heard of a similar case before other than in totalitarian regimes? Welcome to Greece, my friends, the modern Greece of loan …

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Skouries: Eldorado Gold announces delay in Greek and Romanian projects

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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Skouries: 7 policemen injured, 3 women protesters in handcuffs over anti-gold mining protest

The gold mining site in Skouries turned into a boiling cauldron on Sunday as protesting residents moved to hinder the company’s vehicles form approaching the work site. The clash between residents and riot police ended with 7 policemen and one resident in the hospital and three women in handcuffs. Greek …

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Canadian Eldorado Gold hints “it may abandon Greek investment”

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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Skouries Gold Mine: Clashes between residents & police, tear gas in school

Broader clashes between angry residents and police started on Tuesday morning in Ierissos, Chalkidiki, the area where the disputed gold mining triggers tension. Greek media report that the residents started the incidents when they attempted to hinder police units from searching in some homes of the area. picture @katerinaelikaki Tear gas in school …

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Skouries: Teargas, Injuries and Detentions in Anti-Gold Protests

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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