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Hellas Gold

Hellas Gold Files Injunction Over Minister's Delay for Licence

Goldmining company Hellas Gold filed an injunction at the Council of State on Tuesday against Environment and Energy Minister George Stathakis, charging that his delay in approving an extension of a licence for additional equipment delayed the operation of...

Hellas Gold Withdraws as Participant and Sponsor of the First Halkidiki Development Conference

Hellas Gold, a subsidiary of Eldorado Gold, withdrew as participant and sponsor from the First Development Conference for Halkidiki, following reactions to its inclusion. The company announced that it is withdrawing "following an issue resulting from its intention to support,...

Eldorado Gold: Continuous Delays Make Greece Appear Not Friendly to Investments

"As long as the largest direct foreign investment in the country does not progress, Greece appears as not being friendly to investments, and this is a wrong message the country is sending," said Dimitris Dimitriadis, Managing Director of Hellas Gold on...

Hellas Gold Starts Operations of Olympiada Gold Mine in April

Hellas Gold plans to begin operation of its mines in Olympiada Chalkidiki in April, the company's officials told reporters, adding that the official opening will be in June at a ceremony which will include invitees Orthodox Patriarch Bartholomew and...

New Greek Environment Minister Unblocks Goldmine Works

New Environment Minister Giorgos Stathakis on Thursday approved the study for the construction of the enrichment facility at the Hellas Gold mine at Skouries, northern Greece. The previous environment minister, Panos Skourletis, was refusing to sign the environmental study for...

Greek Environment Minister Skourletis Rejects Hellas Gold's Appeal for Operation of Unit

Greek Environment and Energy Minister Panos Skourletis rejected the appeal submitted in September by the Greek company, Hellas Gold concerning the operation of its processing plant. The action was taken against the ministerial decision that led to the suspension...

Skouries Technical Study Approval Gives Green Light for Construction to Recommence

Eldorado Gold Corporation on Monday confirmed that Hellas Gold S.A., a Greek subsidiary of Eldorado, 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...

Greek Government Grants Eldorado Gold Permit for Olympias Mine

The Greek government has granted Hellas Gold, a subsidiary of Canada's Eldorado Gold, a license for the Olympias mine in northern Greece. The company made the announcement on Tuesday, after Greece's Environment and Energy Ministry gave the mining company the...

Eldorado Gold Threatens…To Stay in Greece

Eldorado Gold, a Canadian-based gold mining company with assets in Europe, Asia and South America, announced that it suspends its mine construction in Skouries as permit delays continue and warned that it would do the same at its other...

Eldorado Gold to Stop Investments in Greece

Canadian mining company Eldorado Gold says it is suspending work at a site in northern Greece and laying off 600 workers following protests by local residents and a spat with the country's left wing government. The Vancouver, Canada-based company said...