Greece grants permits for Eldorado after miners clash with police
The miners from the Eldorado Gold mine in the Halkidiki region were protesting looming layoffs as the company said Monday it would suspend all operations in Greece.
The miners from the Eldorado Gold mine in the Halkidiki region were protesting looming layoffs as the company said Monday it would suspend all operations in Greece.
The company was also included in the Dow Jones Sustainability North America Index for the 11th consecutive year.
Investors in North American Nickel have waited patiently while the Vancouver-based company has made consistent and significant progress on its 100%-owned Maniitsoq nickel sulphide project. Will their loyalty be rewarded?
Citing delays in permits from the Greek government, the company said no additional investment would be made into the Olympias and Skouries projects or the Stratoni mine, which it acquired in 2012.
Once Banfora is up and running, it would take the company's annual gold output to between 300,000 and 350,000 ounces.
While production in August was below normal due to the ongoing disruptions to the company’s operations, Gran Colombia expects to meet its annual production guidance for 2017 of 150,000 to 160,000 ounces of gold.
Justin Trudeau announced that the federal government will inject $247 million into the Yukon’s highway network.
Company expects to increase gold production at Tanami by 80,000 ounces annually, reaching between 425,000-475,000 ounces a year.
Government said it expects to settle its differences with the Canadian miner, which is developing the Skouries and Olympias projects in northern Greece, where it also operates the Stratoni mine.
Contractor employee was struck by a branch from a falling tree, resulting in fatal injuries.