Greece Softens Stance on Eldorado Gold’s Mine Operations

- February 26th, 2015

Last than a month after the Greek government unequivocally stated its opposition to Eldorado Gold’s (TSX:ELD) Skouries mine in the country, Reuters reported that Greece has said that it won’t block the mine. However, the government will review permits for a processing plant at the site.

Last than a month after the Greek government unequivocally stated its opposition to Eldorado Gold’s (TSX:ELD) Skouries mine in the country, Reuters reported that Greece has said that it won’t block the mine. However, the government will review permits for a processing plant at the site.

As quoted in the publication:

The latest comments appeared to be a step back from the sharp comments by the energy minister last month when he told Reuters his government was “absolutely” opposed to the Skouries gold mine run by Eldorado and would review its next moves on it.

The official said the ministry was examining whether permits for the processing plant being built were in line with the law.

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