| Greece will not block Eldorado's mining operations-ministry official | |
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ATHENS, Feb 25 (Reuters) - Greece's new left-wing government will not block Canadian firm Eldorado Gold Corp.'s mining operations in the country's north but will review permits for a processing plant at the site, a senior energy ministry official said on Wednesday. "The mining will not stop," the official told reporters, a day after Greece climbed down from pledges to halt asset sales and roll back obligations under its bailout EU/IMF programme. The latest comments appeared to be a step back from the sharp comments by the energy minister last month when he told Reuters his government was "absolutely" opposed to the Skouries gold mine run by Eldorado and would review its next moves on it. The official said the ministry was examining whether permits for the processing plant being built were in line with the law. "According to our legal advisers, there are some shortcomings related to the site planning," the official said. "As a ministry we have ordered some of the permits to be recalled to re-examine whether the activity of the company is the one described in the approved permits." (Reporting by Angeliki Koutantou, Writing by Deepa Babington; editing by David Stamp)
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
CODE : ELD.TO |
ISIN : CA2849021035 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Eldorado Gold is a gold producing company based in Canada. Eldorado Gold produces gold, iron in Brazil, in China, in Mexico and in Turkey, develops gold and silver in China and in Greece, and holds various exploration projects in Brazil and in China. Its main assets in production are KISLADAG and EFEMÇUKURU in Turkey, LA TRINIDAD - ELDORADO in Mexico, TANJIANSHAN, JINFENG, JIANCHALING, WHITE MOUNTAIN and BEYINHAR in China and VILA NOVA in Brazil, its main assets in development are EASTERN DRAGON in China and PERAMA HILL in Greece and its main exploration properties are HEI-SHAN (SHANDONG) and ZHANGJIASHAN in China and TOCANTINZINHO in Brazil. Eldorado Gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is 1.1 billions as of today (US$ 809.1 millions, € 727.3 millions). Its stock quote reached its lowest recent point on August 03, 2001 at 0.21, and its highest recent level on September 18, 2024 at 23.22. Eldorado Gold has 47 442 200 shares outstanding. |