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    gold investing

    Locals Clash with Riot Police Around Gold Mine Development

    Written by Investing News Network
    |
    Oct. 23, 2012 06:49AM PST

    Business Insider reported that protesters and riot police clashed in protests over a proposed gold mine in Greece’s Halkidiki peninsula. A multi-million gold mining project in the area was cancelled after similar protests ten years ago.

    Business Insider reported that protesters and riot police clashed in protests over a proposed gold mine in Greece’s Halkidiki peninsula. A multi-million gold mining project in the area was cancelled after similar protests ten years ago.

    As quoted in the market report:

    Owners of tourist lodging, abetted by leftist activists, are fiercely opposed because of environmental reasons, while prospective miners claim the project will create thousands of jobs at an economically difficult time. Supporters of the project staged a counterdemonstration Sunday with banners calling for “no to violence, yes to jobs.

    To view the whole Business Insider report, click here.

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