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Eldorado Gold Corp T.ELD

Alternate Symbol(s):  EGO

Eldorado Gold Corporation is a gold and base metals mining, development, and exploration company. It has mining operations, ongoing development projects and exploration in Turkiye, Canada, and Greece. It operates four mines: Kisladag and Efemcukuru located in western Turkiye, the Lamaque Complex in Quebec, Canada, and Olympias, located in northern Greece. Kisladag, Efemcukuru and Lamaque are gold mines, while Olympias is a polymetallic operation producing three concentrates bearing gold, lead-silver and zinc. The Lamaque Complex is located in Val-d’Or, Quebec. It includes the Triangle Mine (Upper and Lower), the Ormaque Deposit, the Parallel Deposit, the Plug #4 Deposit, and the Sigma Mill. Efemcukuru is an underground operation located in Izmir Province in western Turkiye. Its other development project in its portfolio includes Perama Hill, a gold-silver project in Greece. Its Stratoni is an underground, silver-lead-zinc mine located in the Halkidiki Peninsula in northern Greece.


TSX:ELD - Post by User

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Post by CatamaranFundon Nov 09, 2020 6:46pm
114 Views
Post# 31867589

EURO-INVESTMENT BANK: BRIGHT FUTURE FOR GREECE DESPITE...

EURO-INVESTMENT BANK: BRIGHT FUTURE FOR GREECE DESPITE...

HALKIDIKI MINES

 

EUROPEAN INVESTMENT BANK: BRIGHT FUTURE FOR GREECE DESPITE PANDEMIC

11/09/2020 11:25 AM

The belief that. "Despite the pandemic, the future is bright for Greece," said the head of the Corporate Financing Unit of the European Investment Bank. Dieter Straub, speaking at the Thessaloniki Summit 2020. organized by the Hellenic Industries Association. in collaboration with the Delphi Economic Forum.

"We have already supported significant investments in Greece in the past," he said, adding that there are "many hidden champions in Greece" and noted that there could be very good connections and collaborations between Greece and Germany, his country of origin. "We want to see and support more people to come to Greece where they can play an important role," he said, referring to Greece's presence in the fields of energy, renewable energy, renewable energy storage, and policies. as he said, they are promoted by the Greek government.

Investment estimates

The representative of the European Investment Bank characterized the effective use, by Greece, of the funds received, while he predicted that "there will be more investments that will come to this region". "We look forward to more investment coming to Greece and supporting it," he added.

On the same wavelength, the Undersecretary for Economic Diplomacy and Extroversion. Costas Frangogiannis. He stressed that despite the problems posed worldwide by the Covid crisis - 19. "Greece continues to offer an economic and investment environment that combines institutional stability and significant opportunities".

Referring to northern Greece, he stressed that "more and more foreign investors recognize that it presents great investment opportunities in a number of dynamic sectors." Indicatively mentioned technology. energy and transport and stressed that the region is finally using its potential.

On the occasion of the announcements regarding the investment of Volkswagen in Astypalea and the plan for the development of the electric drive, he announced that "the plan will start immediately, next January if the pandemic allows it" while its implementation horizon is in 2026. "I think that it is emerging as a flagship investment, which will attract further investment in the region. We are thinking of a number of relevant investments in the automotive industry ", said Mr. Frangogiannis.

Speaking at the Thessaloniki Summit, the Vice President and General Manager of Greece. Eldorado Gold. Christos Balaskas, noted: "we are absolutely committed to resume the construction work on the project in Skouries, where there is a world-class gold and copper deposit". In this context, as he said, discussions are underway with the government to amend the existing agreement and improve the investment plan. The result will be, as he noted, benefits for the state and the local community, with respect for the environment"We started in September 2019 a constructive dialogue with the government to implement a long-term investment of $ 2.2 billion. "In addition to the 1.2 billion already invested in the Kassandra mines," he said. He also announced that of the 2.2 for. one will be invested in the next four years, three thousand direct jobs will be created. while the completion of the relevant talks is expected by the end of the year.

From his side. the president and managing director of the 4th generation technology park Thess INTEC Nikos Efthymiadis. He mentioned that there is a great investment interest for the technology park from more than 100 companies while foreign investors started visiting Thessaloniki for relevant contacts. "Collaborations are in progress with the universities as well. therefore the prospects are very great, "he added.

Finally, the investment manager of Dimand SA. Nikos Dimtsas, announced that in the real estate sector there is room for growth in western Thessaloniki which presents prospects of urban regeneration and in eastern Thessaloniki after the airport. where Thess INTEC will be developed.

In this context, there will be relevant investment moves.

 

[SOURCE: OPINION OF PATRAS, 8/11/2020]

 
 

INSTRUCTIONS FOR THE CLASSIFICATION OF ARMED PEOPLE DUE TO PANDEMIC PREVENTION AND TREATMENT MEASURES

11/08/2020 10:45 PM

GEETHA informs that in the context of the additional measures taken by the Government to deal with the risk of spread of the Koronovirus (COVID-19) and to facilitate those to be classified for Military Service with the 2020 4th ESSO for SX and PN and in 2020 S 'ESSO for PA, which will take place normally, has taken the following measures:

For those who are found to be positive for COVID-19 before enrolling, contact the relevant Guards on a case-by-case basis, in order to issue an opinion and move the date of enrollment after their recovery.

Those conscripts who arrive for classification at a Hoplite Reception Point and after undergoing a rapid test RAPID TEST COVID-19 are diagnosed positive will be classified normally and will remain in a predetermined area until they are cured.

With regard to the movement of the hoplites to be classified, the classification note is proof of the necessity of the movement of them and their parents who may accompany them. At the Reception Points of the Hoplites, the parents of the classified will be served a certificate of classification as a document of return to their permanent residence.

Those serving their term of office will be granted an exit permit only to permanent residents within the limits of the Guard Service. For all the others, the issuance of an exit permit is currently postponed and will be reconsidered when the health conditions allow it.

[SOURCE: https://aetoshal.blogspot.com/ , 8/11/2020]


https://www.metalleiachalkidikis.gr/metalleia-chalkidikis-news.php

Cheers to the battered but patient investors - Eldorado can regain the 9 % loss in one shiny day
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