The Conversation (0)
Eldorado Gold Enters Constructive Dialogue with Greek Government
Sep. 21, 2017 08:52AM PST
Precious Metals Investing
Eldorado Gold Corporation (“Eldorado”, “the Company” or “we”) today announced that it has entered into constructive dialogue with Greece’s Ministry of Energy and Environment (“MoE”) in respect to the development of the Company’s subsidiary, Hellas Gold S.A.’s, Kassandra Mine assets in Halkidiki, Northern Greece. The Kassandra assets, which include the Skouries and Olympias projects and the Stratoni mine, …
Eldorado Gold Corporation (“Eldorado”, “the Company” or “we”) today announced that it has entered into constructive dialogue with Greece’s Ministry of Energy and Environment (“MoE”) in respect to the development of the Company’s subsidiary, Hellas Gold S.A.’s, Kassandra Mine assets in Halkidiki, Northern Greece. The Kassandra assets, which include the Skouries and Olympias projects and the Stratoni mine, were permitted under one single Environment Impact Study (“EIS”) approved in 2011 by the Greek State.
As quoted in the press release:
George Burns, President and Chief Executive Officer of Eldorado, commented: “We are very pleased with the constructive dialogue that is underway with the Ministry of Energy and Environment. Furthermore, last week the Ministry issued a number of long overdue routine permits for our Olympias project. As a result of these developments we have decided to temporarily postpone our decision to place our assets in Halkidiki on care and maintenance.”
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