Greek Election Eldorado Gold
Eld dgc drgdf 9696 ego.
Greek election eldorado gold. Toronto reuters shares of eldorado gold rose as much as 14 6 on monday on optimism that a snap poll called by greece could result in the election of a new business friendly party and help. Vancouver based miner eldorado has. Eldorado s greek arm hellas gold s a employs 2 000 people at the stratoni operation and the olympias and skouries projects.
Shares of eldorado gold. 13 of the olympias operating permit and the modified electromechanical installation permit for the tailings management facility at the kokkinolakkas site of its olympias project from the ministry of energy and environment. Eldorado is seeking injunctive relief which the court deferred until after the election.
The company confirmed receipt sept. Eldorado gold nyse ego 12 2 pre market after surging 12 yesterday in toronto on optimism that a snap election called by greece could result in the election of a new business friendly party. Eldorado has spent 450 million on the projects since 2012 and has over 2 000 direct employees.
Eldorado gold has received two permits for its greek operations two days after announcing it would suspend investments there. Eldorado estimates that it would pay 1 billion in direct taxes to the greek government in the next 20 years. July gdx performance eldorado outperforms on the back of greek election seeking alpha.
In a statement eldorado s ceo paul wright said the unfortunate outcome is detrimental to all its stakeholders and to greek society. Eldorado gold president and ceo george burns said this week that the upcoming general elections in greece will be the catalyst for the mining company s investment in the country.