Eldorado Gold Receives Technical Study Approval to Recommence Construction of Skouries Mine, Greece
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Eldorado Gold Corporation has received from Greece’s Ministry of Energy and Environment the approval of the updated technical study for the Skouries Project in Halkidiki, Northern Greece. The approval of the technical study enables Hellas Gold to recommence construction activities at the Skouries Project site, which were suspended in January of this year.
“We are all very pleased with the receipt of this approval and greatly encouraged by the ongoing interaction between Hellas Gold and the Ministry and its technical services. This constructive engagement has contributed to other recent approvals including the Skouries building permit (February 2016), and the Olympias installation permit (March 2016). I believe there now exists a greatly improved shared understanding, appreciation and alignment between the company and the Ministry in regards to the substantial benefits to be gained by the Greek society and economy through the collaborative responsible development of mineral resources in Greece. We look forward to working together with the Ministry to advance the Skouries and Olympias Projects for the benefit of all stakeholders,” said Paul Wright, president and chief executive officer of Eldorado.
About Eldorado Gold
Eldorado is a leading low cost gold producer with mining, development and exploration operations in Turkey, China, Greece, Romania and Brazil. The company’s success to date is based on a low cost strategy, a highly skilled and dedicated workforce, safe and responsible operations, and long-term partnerships with the communities where it operates.
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