GREECE Mining News

Eldorado to invest $520 million in mill at its Turkish mine

The project would make Kışladağ a nine-year, 270,000-ounce-per-annum gold mine.

Greece expects one-month extension in coal-fired plants tender

Greek utility Public Power Corp. (PPC), which is 51 percent state-owned, is selling three coal-fired plants and one still to be built.

Eldorado demands $877m from Greece as compensation for permit delays

The non-judicial request relates to damages suffered by the company as a result of a longer-than-expected wait for its Skouries project's permits.

Eldorado expects higher gold production in 2018

The Vancouver-based miner said that the expected growth would be driven by Kisladag, its flagship gold mine in Turkey.

Eldorado to soon obtain permit for processing plant in Greece, minister hints

The country’s energy ministry said he aimed to address the company's development plans in the coming weeks and according to a recent arbitration, which favoured Eldorado.

Eldorado scores key win in row with Greece over projects

Ruling rejects the Greek State's motion that Eldorado's technical study for a metallurgy plant in the country’s Stratoni Valley, was in breach of any agreements between the parts.

Eldorado Gold updated Greek mine plan reduces 'footprint'

The Skouries gold mine project report updates a 2011 plan with industry-best practices for waste water management and tailings.

Eldorado Gold reports in-line 2017 gold production

The Vancouver-based miner revealed that, including pre-commercial production from the Olympias project in Greece, its gold production was of 285,919 ounces in 2017.

Here's what to expect in terms of Eldorado Gold exploration projects

Canadian gold miner provides an update on exploration activities completed to date in 2017.

Eldorado halts investment in Greece’s Skouries project, sues Gov't

Miner said it would the project back into "care and maintenance" and re-assess its investment in it upon approval and receipt of required permits.

Eldorado defers decision to halt operations in Greece as talks with Gov’t begin

Company said it preserved the right to shut down operations in the country and to take legal actions to protect itself and its assets should the dialogue with the ministry of energy and environment fails.

Greece tries making peace with Eldorado, grants final permits for Olympias

While the company can now proceed with development of Olympias, is still awaiting permits for its Skouries project, the main bone of contention with Greek authorities.

Greece kicks off arbitration process over Eldorado Gold’s projects

Greek government alleges a technical study for the company’s Madem Lakkos metallurgical plant is deficient and thereby violates environmental terms.

Greece grants permits for Eldorado after miners clash with police

The miners from the Eldorado Gold mine in the Halkidiki region were protesting looming layoffs as the company said Monday it would suspend all operations in Greece.

Eldorado Gold to halt all operations in Greece

Citing delays in permits from the Greek government, the company said no additional investment would be made into the Olympias and Skouries projects or the Stratoni mine, which it acquired in 2012.

Greece to begin arbitration process over Eldorado mine plans next month

Government said it expects to settle its differences with the Canadian miner, which is developing the Skouries and Olympias projects in northern Greece, where it also operates the Stratoni mine.

Worker dies at Eldorado Gold Skouries project in Greece

Contractor employee was struck by a branch from a falling tree, resulting in fatal injuries.

Greece to kick off arbitration process over Eldorado Gold’s project

Authorities seek to settle differences with the Canadian miner over Skouries, one of the gold projects the firm is currently developing in northern Greece.

Eldorado finishes Integra Gold acquisition, expands operations in Canada

Deal gives Eldorado full ownership of the Lamaque project near Val-d'Or, Quebec, which is expected to produce 123,000 ounces of gold at all-in sustaining costs of US$634 per ounce over 10 years.

Eldorado Gold risks missing 2017 guidance over issues with Turkish mine

It now expects to produce at least 180,000-210,000 ounces of gold this year at Kışladağ, which brings Eldorado's full-year guidance down from 365,000-400,000 ounces to 315,000-365,000 ounces.

Greece to take Eldorado Gold to arbitration court over project

Energy minister George Stathakis said the move aims to ensure the company respects its contractual obligations.

Eldorado to take full control of Integra Gold as its expands to Canada

Move is part of an ongoing effort to strengthen its position in the home country, particularly around the gold-rich Eastern Abitibi region, in Quebec.

Greece to sell coal-fired plants, mines as part of bailout deal

Athens will begin testing the waters for such sale in November, with the goal of wrapping up the sale by June 2018.

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.