Eldorado Gold to halt all operations in Greece

Canada’s Eldorado Gold’s (TSX: ELD)(NYSE: EGO), Greece’s biggest foreign investor, has decided to suspend all operations in the country due to government delays in issuing permits for Skouries and Olympias, two of the company’s key projects.

The gold miner, which already operates Stratoni, has been trying to develop the Skouries and Olympias projects in the north of the country for years, but local opposition and an ongoing back-and-forth with authorities have delayed progress.

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