Greece issues permits for Eldorado Gold's Skouries and Olympias mine [Reuters]
Eldorado Gold Corporation Ordinary Shares (EGO)
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Source: Reuters
Greece issues permits for Eldorado Gold's Skouries and Olympias mine - Reuters 2 Min Read (Reuters) - Canadian miner Eldorado Gold Corp on Tuesday said it has received installation permits for its stalled Skouries mine project, and Olympias mines from the Greece’s Ministry of Energy and Environment. The permit will allow for the installation of mechanical and electrical equipment in the Skouries mine, which has struggled with permit delays for years. Greece’s new conservative government on Monday said it will soon issue permits for Eldorado Gold’s development in northern Greece. Eldorado has two operating mines and two development projects in northern Greece, and its planned investment in Greece has been viewed as one of the biggest in the country in years. Eldorado said it is working with the Greek government to achieve conditions required to restart full construction at Skouries, including a stable regulatory framework and protections for foreign investors as well as approval for su
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