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Eldorado Gold Corporation Message Board

  • goldengeeselaygoldeggs goldengeeselaygoldeggs Apr 19, 2013 1:52 AM Flag


    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 29 complaints lodged by villagers against the project in the northeastern region of Halkidiki were “unfounded.” Citizens’ groups have been trying to halt the project since 2011, when the Greek government gave Hellenic Gold – a subsidiary of Canadian firm Eldorado Gold – permission to dig in the region.

    In recent months, several rallies have been held to protest the mining, and in February, activists firebombed the mining worksite, injuring a guard and damaging equipment. The latest protests were held in Athens and Greece’s second-largest city Thessaloniki on April 13, drawing some 3,500 people.

    Sentiment: Strong Buy

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