Eldorado Gold squeezes more permits out of Greek gov’t
ELDORADO GOLD Corp. has received the approval of the technical study for the Old Olympias mine closure and the installation permit for the paste plant at Olympias.
At this time, remaining outstanding is the issuance of the
amended electromechanical installation permit for the Skouries flotation plant as well as other matters, including, but not limited to, the relocation of antiquities at the Skouries site.
Upon receipt of the required Skouries permit and the Greek government being willing to engage with the company in constructive discussions, the company will then be in a position to reassess its
investment options in Greece.
George Burns, president and chief executive officer for Eldorado Gold, said: “This is another positive step forward; however, we are still waiting on the other matters, which we continue to believe can be resolved through good faith negotiations. We again invite the ministry to engage with us to resolve these matters.” About Eldorado Gold Corp.
Eldorado is a leading mid-tier gold producer with mining, development and exploration operations in Turkey, Greece, Romania, Serbia, Canada and Brazil. The company’s success to date is based on a highly skilled and dedicated work force, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with the communities where it operates.
We seek Safe Harbor.
George R Albino, George Raymond Burns, Pamela M Gibson, Robert Russell Gilmore, Geoffrey Arthur Handley, Michael A Price, Steven Paul Reid, Jonathan Arn Rubenstein, John Webster, Paul Nicholas Wright
(ELD) Shares: 794,010,680