Eldorado Gold suspends Greek zinc-lead mines, investment amid deadlock over permits

Canadian miner Eldorado Gold has suspended its investment in Greece and will place its gold, zinc and lead projects there on maintenance after an “impasse” with the Greek government over environmental permits.

Work at the active Olympias and Stratoni mines, as well as the Skouries copper project, will stop on September 22, with up to 2,600 jobs at stake. Eldorado’s activity in Greece, through its subsidiary Hellas Gold, have met with opposition from the Syriza-Anel coalition government. “Eldorado and...

Published

Archie Hunter

September 11, 2017

14:59 GMT

London