Eldorado Soars 17% on Signs of Hope in Greece but Seeks Further Cooperation From the Government
On Sept. 13, Eldorado Gold announced that it received the operating permit for Olympias and the modified electromechanical installation permit for the tailings management facility at Kokkinolakkas from the Greek Ministry of Energy and Environment. This follows the company’s Sept. 11 announcement that it would suspend all investment and operations in Greece if the government continued to hamper progress of its development projects. The market viewed this development as an early sign of hope that ...Eldorado Gold is engaged in the exploration, development, mining and production of gold and other mining resources in Brazil, China, Turkey and Greece.
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