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Thousands march in Greece against Eldorado Gold projects

Thousands of protesters marched Saturday in the northern Greek city of Thessaloniki against what they believe are environment-threatening gold mining projects, owned by Canadian Eldorado Gold Corp, (TSX:ELD) (NYSE:EGO).

According to Associated Press, riot police barred the about 3,000 people intended route to the Canadian Consulate.

While no incidents were reported, locals are divided about the company’s planned operations.

Currently, Vancouver-based Eldorado is involved in four gold projects, all of them located in northern Greece.

AP reports that three of the mining endeavours are at the planning stage. The fourth and largest, in the Halkidiki peninsula, was carried out more than 10 years ago another Canadian firm, TVX.

Image: Protesters march on the streets in front of Thessaloniki White Tower in 2011. By mavkate /