Eldorado calls truce with gov't but Elliniko project still up in air

Following the launch of a "constructive dialogue" with the government, Canadian mining company Eldorado Gold said on Thursday that it would not suspend its operations in northern Greece as it had threatened earlier this month.

Eldorado's statement came as hundreds of employees of Hellas Gold, the company's Greek subsidiary, rallied in central Athens, urging the government to grant the company the reassurances it requires to continue its operations.

When the news was announced, the protesters who had gathered outside the Environment Ministry broke into cheers. Worker representative had been meeting inside the ministry with general secretary Michalis Verriopoulos, who relayed the development.

In the statement, Eldorado president George Burns expressed satisfaction at the decision by the government last week to issue "several long-overdue routine permits" for one of...

Continue reading on: