Tectonic Metals gets funding for gold exploration in Alaska
The company's Flat gold project is located 40 km north of the giant Donlin gold project.
Thousands of protesters marched Saturday in the northern Greek city of Thessaloniki against what they believe are environment-threatening gold mining projects, owned by Canadian Eldorado Gold Corp, (TSX:ELD) (NYSE:EGO).
According to Associated Press, riot police barred the about 3,000 people intended route to the Canadian Consulate.
While no incidents were reported, locals are divided about the company’s planned operations.
Currently, Vancouver-based Eldorado is involved in four gold projects, all of them located in northern Greece.
AP reports that three of the mining endeavours are at the planning stage. The fourth and largest, in the Halkidiki peninsula, was carried out more than 10 years ago another Canadian firm, TVX.
Image: Protesters march on the streets in front of Thessaloniki White Tower in 2011. By mavkate / Shutterstock.com
4 Comments
disqus_LFF0zFjt7g
I can’t understand why people of Greece always protesting since during country’s financial trouble and now they have investor but still protesting…
Wynn Parks
Yes, Mr. Jasaan, instead of stereo-type reactions based on media simplifications, maybe you should go there. And live there, and learn some Greek. Maybe then, you’d understand what’s happening there. There’s a lot more to Greece’s problems than a few, self-serving foreign gold mining projects.
soildoc
The real problem in Greece is that people would need to actually work at these projects.
fanny may cartwright
The REAL problem in Greece is too many O.C.D xenie, who think they can teach their grandmother how to suck eggs.