https://www.engineeringnews.co.za

Greek court decisions allow Eldorado to accelerate Skouries construction

Skouries, Greece.

Skouries, Greece.

Photo by Eldorado Gold

13th August 2015

By: Henry Lazenby

Creamer Media Deputy Editor: North America

  

Font size: - +

TORONTO (miningweekly.com) – Multinational miner Eldorado Gold has received two favourable court decisions in Greece, allowing it to accelerate construction activities at the Skouries gold/copper project, in Halkidiki, in northern Greece.

Construction of the project came to a halt in March, when the then newly elected Greek government revoked the final construction approval for Skouries.

TSX- and NYSE-listed Eldorado reported that the two decisions, both in favour of its Greek subsidiary Hellas Gold, were related to forestry land and site clearing rights at the project.

"The decisions of the Council of State confirm once more the legality of our activities in northern Greece. This will allow Eldorado to accelerate construction activities… generating additional long-term employment opportunities for the Greek people and taxes [for] the Greek government,” Eldorado CEO Paul Wright commented, adding that mining was one of the industries that could help kick-start the cash-starved Greek economy and support the beginnings of a recovery.

Eldorado had mining, development and exploration operations in Turkey, China, Greece, Romania and Brazil.

Edited by Tracy Klückow
Creamer Media Contributing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Environmental Impact Management Services
Environmental Impact Management Services

EIMS is an independent specialised environmental consulting firm offering the full spectrum of environmental management services across all sectors...

VISIT SHOWROOM 
Craig Miller Technical Services (CMTS)
Craig Miller Technical Services (CMTS)

CMTS is a leading, well-established EC&I contractor with 37+ years of mining and industrial experience. We execute full-scope EC&I projects with...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.049 0.867s - 140pq - 2rq
Subscribe Now