https://www.miningweekly.com

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

ECG Engineering
ECG Engineering

ECG provides specialised electrical engineering services to the Mining, Utilities, Materials Handling and Industrial industries, with extensive and...

VISIT SHOWROOM 
The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

This week: Anglo highlights ability to provide capital efficient copper growth in tightening market; Valterra Platinum remains ‘highly confident’ in ‘robust outlook’ for PGM demand and, Decarbonisation reinforcing demand for Kumba Iron Ore‘s high grade, lump products
Resources Watch
5th August 2026
Glencore CEO Gary Nagle.
Glencore half-year earnings up 86% to $10bn
5th August 2026 By: Martin Creamer

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







sq:0.045 0.068s - 111pq - 2rq
Subscribe Now