According to the World Gold Council, 70% of total expenditure by gold mining companies remains in the country where the mine is located. Of this in-country spending, typically 50-60% goes towards the purchase of goods and services to build and support mine operations. In Greece, where we at Eldorado are developing the Olympias and Skouries […]
2 Reasons Why Local Procurement in Greece is Important Read More »
The benefits of Eldorado Gold’s mining projects go far beyond the value of the metals we produce. Our Olympias, Skouries and Stratoni assets in Greece are creating a series of direct, indirect and induced economic impacts that is benefitting local communities and the national economy. This ripple-effect of economic activity multiplies as it moves outwards
How Gold Mining Contributes to Sustainable Development Read More »
The contribution of mining to Greece’s economic growth and development has a history as old as the civilization itself. Since 1,000 B.C., Greeks have been using their mineral resources to build cities, establish trade networks and expand empires. Revenues from the high-grade silver mines of Laurion, south of Athens in Attica, financed the emergence of
5 Economic Benefits of Gold Mining Investment in Greece Read More »
