GREECE Mining News

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.

Canada’s Eldorado Gold buys 15% stake in Integra Gold

Deal will give Integra up to a $27 million-cash injection, allowing it to move forward with its Quebec-based Lamaque gold project.

Inflation Deniers Emboldened by Gold's Struggles

The vultures are circling. Precious metals bulls, laid flat by gold and silver prices dropping for the 5th week in a row, are watching deflationists such as Harry Dent and the financial media squawk about […]

Is Gold a Stupid "Pet Rock" or a Bedrock Asset?

Greece defaulted at the end of June, and metals investors expected higher prices in July. What we expected isn’t what we got. It isn’t the first or last time markets surprised investors. Do lower spot […]

Gold prices weaker on latest Greek bailout agreement, but demand for physical remains robust

Gold prices continue to remain under pressure after hitting a four-month low on Friday, as the dollar tumbled against the euro on signs of renewed optimism that Greece may secure fresh funding from its’ European creditors.

Investment banking prescriptions for Eldorado Gold’s ailment

"Ideally the company should be broken up into a Chinese piece, a Turkish-listed piece and an 'other' piece."

Eldorado Gold to make payroll despite Greek turmoil

This month Eldorado dropped 16% to $4.03.

Market Report: Greece and short positions

Hedge funds and high-frequency traders have finally forced gold into a US dollar loss this year as shown in our introductory chart, but silver is still in positive territory.

Greek court hands small, but key victory to Eldorado Gold

It revoked a 2013 ruling blocking the miner's plans to build a key processing plant at is Skouries gold-copper mine in the country's north.

Thousands stand up for Canadian mine threatened with closure in Greece

About 4,000 people protested Thursday in Athens against the government decision to revoke Canada's Eldorado Gold Corp.'s licence to develop a gold mine in Skouries.

CHARTS: What will happen to gold price after Greek exit

New study shows Greek bond yields as proxy for euro-zone break-up risk is more reliable than the strength of the US dollar in predicting the gold price.

Greek problems born from socialism

Like many of the important discussions in the economic world today, the negotiations between Greece and its European creditors has become increasingly absurd.

Greece deals major blow to Eldorado’s Skouries mine

The company said it has been blocked from completing construction of a processing plant at the site.

Greek govt. vows not to touch Eldorado’s mine

But it is going ahead with a thorough review of permits related to a proposed processing plant at the site.

This chart shows Grexit would send gold price to $2,000

"Indeed, we suspect that Greece would rather keep her gold than the euro."

The bravado of borrowers

Last week a scene unfolded in Athens that provided all the visual and metaphorical symbols needed to define the current state of the global economy.

New Greek govt. ‘absolutely against’ Eldorado Gold mine, shares dive

The company's Skouries project is one of the biggest foreign investments in Greece.

Eldorado Gold down 18% on awful outlook

Vancouver gold miner forecasts minimum 80,000oz dip in output this year even as costs at mines in Greece, Turkey and China surge as much as 28%.

Olive Oil: The Year Ahead – Part I

It’s all rainbows and ponies on Wall St right now which should make any sensible person a bit nervous.

Gold down on higher shares, poised to end 2014 flat

Gold edged down on higher shares on Wednesday, but was poised to end 2014 steady around $1,200 an ounce as the impact of a stronger dollar was offset by demand from investors worried about tensions in Russia and political uncertainty in Greece.

Greek dilemma: Are new jobs created by gold mine worth the ecological risk?

One of Europe's richest fields of gold and other key metals has reopened, and the prospect of a further expansion is pitting locals worried about farming, fishing, and tourism against those eager for jobs amid severe economic crisis.