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Eldorado Gold Enters Constructive Dialogue with Greek Government

Eldorado Gold Enters Constructive Dialogue with Greek Government Canada NewsWire ...

articleEldorado Gold CorporationSeptember 21, 20175/company/eldorado-gold-corp/news/eldorado-gold-enters-constructive-dialogue-with-greek-government
Eldorado Gold Enters Constructive Dialogue with Greek Government

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[{"type":"text","content":"\n\n\n\nEldorado Gold Enters Constructive Dialogue with Greek Government\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Sept. 21, 2017\n\n\n\nTSX: ELD NYSE: EGO\n\n\n\nVANCOUVER, Sept. 21, 2017 /CNW/ - Eldorado Gold Corporation (\"Eldorado\", \"the Company\" or \"we\") today announced that it has entered into constructive dialogue with Greece's Ministry of Energy and Environment (\"MoE\") in respect to the development of the Company's subsidiary, Hellas Gold S.A.'s, Kassandra Mine assets in Halkidiki, Northern Greece.  The Kassandra assets, which include the Skouries and Olympias projects and the Stratoni mine, were permitted under one single Environment Impact Study (\"EIS\") approved in 2011 by the Greek State.\n\nGeorge Burns, President and Chief Executive Officer of Eldorado, commented: \"We are very pleased with the constructive dialogue that is underway with the Ministry of Energy and Environment.  Furthermore, last week the Ministry issued a number of long overdue routine permits for our Olympias project.  As a result of these developments we have decided to temporarily postpone our decision to place our assets in Halkidiki on care and maintenance.\"\n\nMr. Burns concluded: \"We preserve the right to place our assets on care and maintenance and to take prompt legal action to protect the Company and its assets in Greece should our dialogue with the Ministry of Energy and Environment prove unsuccessful.  At the same time, we remain confident that the arbitration process initiated last week by the Greek government will be concluded in a timely and efficient manner, for the benefit of all stakeholders.\"\n\nAbout Eldorado Gold\n\nEldorado is a leading mid-tier gold producer with mining, development and exploration operations in Turkey, Greece, Romania, Serbia, Canada and Brazil.  The Company's success to date is based on a highly skilled and dedicated workforce, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with the communities where it operates.  Eldorado's ...

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