Calamos Supports Greece

Eldorado Gold

Council of State Reportedly Overrules Greek Energy Minister’s Stoppage of Mining in Northern Greece

The Council of State (CoS), Greece ’s highest administrative court, on Monday abrogated a ministerial decision by former productive reconstruction, environment and energy minister Panos Skourletis to revoke the operating license of the Hellas Gold mining company in Halkidiki...

Eldorado Gold Suspends Mining and Development Activities in Northern Greece

Eldorado Gold confirmed that Hellas Gold, a Greek subsidiary of the company, will undertake actions to suspend all its mining and development activities in Chalkidiki, northern Greece, commencing the week of August 24, 2015. The suspension, which will affect Hellas...

Greek PM Tsipras: 'Where There's a Will, There's a Way'

Greek Prime Minister Alexis Tsipras congratulated Productive Reconstruction, Environment and Energy Minister Panos Skourletis on Wednesday on his efforts to protect the environment following the latter’s decision to temporarily suspend the license of Canadian mining company Eldorado Gold, arguing...

Greek Environment Minister Announces Stoppage of Skouries Goldmine Development

Greek Productive Reconstruction, Environment and Energy Minister Panos Skourletis announced on Wednesday that there will be a temporary stop on the ongoing gold mining project in Skouries, northern Greece. "With my decision today, we recall the approval of the technical studies....

Greek Court Rules in Favor of Eldorado Gold

The Council of State, Greece's supreme court on administrative and environmental interest matters, has issued two court decisions in favor of Hellas Gold SA, Eldorado’s subsidiary in Greece, announced the company. Both decisions concern Hellas Gold’s rights to the use...

'Hellas Gold' and Miners in 'War' with Greek Govt over Skouries Goldmine

Hellas Gold SA (part of Canadian Eldorado Gold Corp.) and the mining workers employed in the company's goldmines in Skouries, Chalkidiki, Northern Greece, appear determined to proceed with legal action against the Greek government, after the latter announced it would...

Greece OK's Contentious Gold Mine Project

Despite ongoing violent protests by environmentalists, activists and local residents, Greece has given the go-ahead to a gold mining project in northern Greece being conducted by a Canadian company through a Greek affiliate. Greece's highest administrative court ruled that the...

Another Protest Against Gold Mine Project

Unrelenting in their opposition, thousands of Greek protesters on April 13 demonstrated against a gold mining venture under way in the northeastern region of Halkidiki, which locals say will cause irreversible damage to the environment. About 2,000 people took part...

Gold Mine Protesters Cut Off Ierissos

Opponents of a gold mine project in northern Greece aren't backing down from confrontations with authorities who want the development to go ahead and create jobs, with dissenters from the village of Ierisso blockading roads after two residents there...

Eldorado Gold Says It Won't Leave Greece

Despite violent protests, Canada's Eldorado Gold said it plans to go ahead with work on a gold mine in northern Greece, refuting reports it had given up because of the opposition and difficulty of doing business in Greece. "I don΄t...