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Greece to sign revised contract with Canadian miner Eldorado on Friday

· 02/05/2021 05:38
Greece to sign revised contract with Canadian miner Eldorado on Friday

- Greece will sign a revised contract with Canada's Eldorado Gold Corp ELD.TO on Friday covering the group's mining operations in the north of the country, an energy ministry official said.

Eldorado's projects in northern Greece have repeatedly stalled over licensing delays and environmental concerns.

Vancouver-based Eldorado has been in talks with the Greek government on a revised investment plan that would secure higher royalties from mining development and new jobs.


(Reporting by Angeliki Koutantou; editing by James Mackenzie)

((angeliki.koutantou@thomsonreuters.com; +30 2102214608; Reuters Messaging: angeliki.koutantou.reuters.com@reuters.net))