Calamos Supports Greece

gold mining

€18 Bln Worth of Gold, Precious Metals Could be Mined in Greece, Expert Claims

There is up to €18 billion worth of gold, zinc and lead deposits in northern Greece waiting to be exploited by mining companies, says Professor of Metallurgy at the National Technical University of Athens, Ioannis Paspaliaris. Speaking at an event...

Worker Dead by Falling Tree in Skouries Gold Mining Site

A contractor employee at the Skouries gold and copper site in Chalkidiki, in northeastern Greece, was struck by a branch from a falling tree Monday, and the accident resulted in fatal injuries. "Our deepest condolences and support go out to...

Chalkidiki Pro-Mining Mayor Loses Ballot

An all-night vote count local elections in the Aristotelis municipality of Chalkidiki ended on Monday morning with Giannis Michos getting a slim majority over Christos Pachtas. A member of the Skouries Movement, Michos collected 8,031 votes with 51.79% over mayor Pachtas,...

Gold Mine Protesters Injured after Confrontation with Greek Police

  A confrontation that took place between locals and Greek police on Thursday, February 19, in Skouries, northern Greece, resulted in injuries. The locals were protesting against the gold mining. Everything started when a group of women participating in the protests,...

Greece Could Be Gold Mine for Europe

Gold companies mining in Greece say the play to increase the output from 16,000 ounces in 2011 to 425,000 ounces within a few years, which could bring in a bonanza. If procedures are expedited, Greece could be one of the...

Greek Court Gives Canadian Eldorado Gold Green Light to Proceed With Gold Mining Amid Protests from Environmental Groups

Eldorado Gold is a Vancouver-based company which has become quite famous in Greece lately, not for a good reason, though. Canadian investors chose a forest area in northern Greece to run a gold mining project but Greek people of...