Greece's new government will take steps to halt a Canadian-run gold mine project and aims to cancel a development scheme at Athens' former airport, pressing ahead with plans to roll back the country's privatisation programme.The government is dominated by the left-wing Syriza party, which has for years opposed the Skouries gold mine in northern Greece, operated by Vancouver-based Eldorado Gold Corp.It argues that the project, among the biggest foreign investments in the country, is harming the environment."We are against the gold investment in Skouries and we will use all possible legal means to back our position," Energy Minister Panagiotis Lafazanis told lawmakers on Tuesday, reinforcing signals that the government will stick to anti-privatisation pledges made during campaigning for last month's vote.
Eldorado Gold Corporation (Eldorado Gold) is an exploration-stage, a discovery-stage, a development-stage, a production-stage and a reclamation-stage mining company. Shares of EGO traded higher by 1.19% or $0.06/share to $5.11. In the past year, the shares have traded as low as $4.29 and as high as $8.60. On average, 7940970 shares of EGO exchange hands on a given day and today's volume is recorded at 4693868.
Eldorado Gold Corporation (Eldorado Gold) is an exploration-stage, a discovery-stage, a development-stage, a production-stage and a reclamation-stage mining company. Shares of ELD traded higher by 0.79% or $0.05/share to $6.35. In the past year, the shares have traded as low as $5.45 and as high as $9.68. On average, 3354660 shares of ELD.TO exchange hands on a given day and today's volume is recorded at 2496244.
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