Eldorado Gold is a Vancouver-based company which has become quite famous in Greece lately, not for a good reason, though. Canadian investors chose a forest area in northern Greece to run a gold mining project but Greek people of the area protested against it. In order to complete this project, the company had to cut [...]
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Greeks Protest Against Vancouver’s Eldorado Gold Mining
By Dawn Paley – As people in Greece fight austerity in the streets, top officials are pushing open pit mining as a way out of the country’s economic despair. But just as folks in Greece have taken action against an imposed economic paradigm, they are taking a stand to protect their lands from mining. “State-corporate [...]
Canadian Mining Company To Invest $2 Billion in Greece
Canadian mining firm Eldorado Gold Corporation announced on Monday that it would make a $2 billion investment in recession-hit Greece, which is expected to create 2,000 jobs over several years as a result of its acquisition of European Goldfields Ltd. Amidst rising unemployment and lack of new investment projects, Eldorado’s prospective proposals to develop further [...]
