GREECE Mining News

Eldorado to begin production at its Greek Olympias mine by year-end

The Canadian miner also said it has obtained better terms for concentrate sales from the project, which are likely to add 15,000 ounces of payable gold production a year.

Eldorado Gold output slightly below target, shares fall

Company has decided to reconfigure the plan for its Turkey-based Kışladağ mine, which is its flagship operation.

Eldorado CEO Paul Wright retires, Goldcorp's George Burns takes over

Wright, who joined Eldorado in 1996 and has held several management positions prior to becoming its president and CEO in 1999, will be the company's new chairman.

Eldorado Gold officially out of China

Company has finished selling its stakes in the White Mountain and Tanjianshan mines, as well as in the Eastern Dragon development project to an affiliate of China’s Yintai Resources.

Greece grants permit to Eldorado Gold’s Skouries mine

Decision is expected to put an end to years of confrontation between the Canadian miner and the Greek government.

Eldorado Gold exits China, sells Jinfeng mine for $300 million

The move marks the Vancouver-based miner exit from China.

Increasing mine safety and productivity in China

RCT’s Smart Technology helped Eldorado Gold’s White Mountain achieve its safety and productivity goals.

Eldorado announces new exploration projects in Romania, Serbia and Brazil

Eldorado Gold Corporation, ("Eldorado" or "the Company") is pleased to announce plans at four new exploration projects.

Eldorado Gold to sell remaining assets in China to Yintai Resources for $600 million

The deal marks the end of Eldorado’s reign in China.

Eldorado Gold to restart construction of Skouries mine

Greek authorities have finally approved an updated technical study for the project, which clears the way for the proposed mine.

Eldorado Gold to sell Chinese mine for $300 million

Jinfeng produced 149,655 ounces of gold in 2015 and is expected to generate 95,000-105,000 ounces of gold this year.

Eldorado Gold granted key permit for Olympias mine in Greece

The permit allows the company to set up a processing plant in Olympias, which is crucial for the development of the mine.

Ancient Greek silver mine unearthed

Archeologists working in Thorikos, Greece, have found a pristine silver mine that has lain untouched for over 5,000 years.

Eldorado Gold to book up to $1.6 billion charge after halting work in Greece

However, the company said it remains committed to having a presence in Greece and has budgeted $155 million in development spending at the Olympias project.

Greek court annuls Govt. decision to revoke Eldorado Gold licence

The ruling comes only a few days after the Canadian miner decided to halt work at its mine in northern Greece, putting 600 jobs in the line.

Greek gold miners prepare to fight Syriza

Move comes as Canada's Eldorado, Europe's largest potential gold producer, announced massive job cuts as a result of government bureaucracy.

Greece won’t negotiate with Eldorado unless it resumes operations

Environment and Energy Minister, Panos Skourletis, said the company must recall its decision to halt work at most of its sites before any dialogue between the two sides can begin.

Eldorado Gold halts much of its mine construction in Greece, cuts jobs

The decision comes after more than a year of confrontations with the Greek government that included permits being revoked and delayed several times.

Greek court’s final ruling about Eldorado operations still pending

The company has temporarily resumed activities in the country, while it awaits a final decision.

Canada’s Eldorado Gold swings to loss in Q3

The Vancouver-based miner, however, upgraded its 2015 production guidance to 710,000 ounces of gold.

Eldorado Gold in the green after Greek court decision

A decision on Friday by a Greek court going in favour of Eldorado Gold's (TSX:ELD) Skouris mine has bumped the stock up by close to 10 percent.

Greek court hands legal win to Eldorado Gold over halted mine

The verdict, however, doesn't allow the company to resume operations at its gold-copper Skouries mine.

Greek protesters arrested in clash over Eldorado suspension of 2,000 workers

More demonstrations are expected Monday, as mine workers rally near the Canadian company's mines.

Eldorado Gold to take legal action against Greece over mine halt

The company warned it would take authorities to court after Greece’s energy ministry halted production at the company’s Skouries gold and copper mine.

Greece halts operations at Canada’s Eldorado Gold mine

The government is suspending activity at Eldorado's Skouries mine, saying the company has violated some terms.