By: ReutersUpdated 4 hours ago
Greece's top administrative court on Monday rejected a 2013 decision by local authorities in northern Greece which had blocked Eldorado Gold's plans to build a processing plant in the area, court officials said.
Canadian miner Eldorado has spent about $400-million at a gold mine in Skouries in the forest of Halkidiki since 2012 and wants to invest another $700-million by 2017 to develop the project. But without the plant, its investment, a test case for Greece's willingness to attract foreign funds, is in doubt. →