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Mining News

Greece’s Council of State in favor of the Hellas Gold mining company

The overturn of a 2016 development ministry decision to derisively reject a necessary technical study


Hellas Gold, a subsidiary of Canadian mining giant Eldorado Gold, submitted the study in order to begin operation of its metallurgical unit at the Skouries gold mining concession, in the eastern part of Halkidiki prefecture.

Supported by

At the time, the leftist SYRIZA government and relevant energy minister Panos Skourletis returned the study, without approval, to the firm “for reasons of substantive deficiency and inaccuracy.”

Four years later, and now with pro-market and pro-business New Democracy (ND) party in government, a majority of CoS justices again ruled in favor of Hellas Gold – the latest legal victory for the concessionaire, which has racked up consecutive legal judgments in its favor against the central government, regional authorities and numerous lawsuits by individuals and groups of plaintiffs.

The metallurgical unit in question is the principal processing plant, where mined deposits yield the final raw material, gold in this case.

Source: tornosnews.gr


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