Gold Mining in Greece

The Skouries Project: Delivering Social & Economic Benefits in Greece

Located on the Halkidiki Peninsula in northern Greece, the Skouries project is a world-class asset. Combining conventional open pit and underground mining techniques, the high-grade gold-copper porphyry deposit will be mined over approximately 20 years. Once constructed, it is expected to produce an average of 140,000 ounces of gold and 67 million pounds of copper …

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Eldorado Gold Announces €680 Million Project Financing and Board Approval for the Skouries Project

Today we announced that our wholly-owned subsidiary Hellas Gold has entered into a €680 million project financing facility for the development of the Skouries Project in Northern Greece, with National Bank of Greece S.A. and Piraeus Bank S.A. as lead arrangers. The complete details about the announcement can be found in the news release (click …

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A New Beginning for Eldorado Gold in Greece

Here at Eldorado Gold, we are working to build a leading mining jurisdiction in northern Greece.  To realize the full potential of our polymetallic Skouries, Olympias and Stratoni mines (collectively known as the Kassandra Mines), we recently signed an amended Investment Agreement with the Hellenic Republic.  It’s a major achievement that will bring lasting benefits …

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Revealing Gold’s Role in Greek Culture: Hellas Gold Supports the Benaki Museum

The use of gold in art, religion and currency, spans centuries and touches almost every known culture. Gold’s lustrous colour and its properties as a malleable precious metal have helped it become representative of immortality, wealth and power in many ancient cultures. Gold in ancient Greece was viewed as a powerful symbol – of social status, to …

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Serious About Safety: Our Mine Rescue Teams are Ready!

Vigilance, preparation and rapid response are the foundation of our safety culture. Life-threatening emergencies at our operations rarely occur, but when a crisis does happen our dedicated and highly trained Mine Rescue Teams stand ready to respond at a moment’s notice. Each of our mine sites has their own mine rescue team comprised of volunteers …

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Employees at our Kışladağ  mine in Turkey

Serious About Safety: Keeping the Lines of Communication Open

Here at Eldorado, we believe that effective communication fosters teamwork and trust. For us, open communications between one another is how we build a healthy, safe and productive workplace. To facilitate engagement, stimulate discussion and encourage the exchange of ideas about health and safety, we have developed the following practices and tools. Golden Rule #3: …

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Celebrating SuXXess: Ria Vagkli

In a recent study published by the Responsible Mining Foundation on gender balance in the mining industry, it is no surprise that there is still work to be done. Encouragingly, the industry has taken strides and is recognizing the benefits of more women in the workforce. Mine managers cited that, “Greater gender diversity fosters innovation …

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Forward Thinking: Pioneering the Use of Dry-Stack Tailings in Turkey and Greece

First to Construct a Dry Tailings Facility in Turkey In 2006, Eldorado first began assessing the use of dry-stack tailings for its Efemçukuru project in Turkey.  “At the time, we were one of a handful of mining companies evaluating the technology, and were the first to permit and construct a dry-stack tailings facility in Turkey,” …

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