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Eldorado Gold gets permit for Olympias mine in Greece

Posted by ipso facto @ 13:24 on March 22, 2016  

Canadian miner Eldorado Gold’s (ELD.TO) Greek unit Hellas Gold has been granted a license by Greece’s environment ministry for its Olympias mine, it said on Tuesday, removing a hurdle to develop its project in the north of the country.

The Vancouver-based miner had been in a dispute with the Greek government over plans to develop gold mines in a forested area in northern Greece, with the leftist government voicing environmental concerns over the project.

The government revoked Eldorado’s permit in August over environmental tests on the project but Greece’s top administrative court annulled the government’s decision in January.

cont. http://www.reuters.com/article/us-greece-eldoradogold-permit-idUSKCN0WO1KN?type=companyNews

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.