Loading ...Canada’s Eldorado Gold (TSX: ELD) (NYSE: EGO) is aiming to resume construction at its Skouries gold-copper mine in northern Greece in the second half of the year, as it continues to work on a financing package.
Progress at the project, halted since 2017, was in the past hindered by both government delays in issuing permits and community opposition over the possible environmental impacts of gold mining in a densely forested area.
Greece and Eldorado, the country’s biggest foreign investor, inked a new investment contract in early 2021 that has allow the company to move forward with Skouries.