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Eldorado hits Greece roadblock

Less than one week after a Greek court confirmed Eldorado Gold’s forestry and site-clearing rights, the company has hit another roadblock with the ministry of energy suspending the technical studies pertaining to the Skouries and Olympias projects.

The suspension is based on testwork completed on the Olympias flash-smelting process, Eldorado confirmed on behalf of subsidiary Hellas Gold, which operates the projects in Greece’s north.