Eldorado Gold said that the Council of State, Greece's Supreme Court on administrative and environmental matters, has issued two court decisions pertaining to its subsidiary Hellas Gold.
The two decisions, both in favour of Hellas Gold, are related to forestry land and site clearing rights at the Company’s Skouries gold-copper project in Halkidiki, Northern Greece.
Eldorado CEO Paul Wright said: "The decisions of the Council of State confirm once more the legality of our activities in northern Greece. This will allow Eldorado to accelerate construction activities at our Skouries Project in Halkidiki, generating additional long term employment opportunities for the Greek people and taxes to the Greek government.
"Mining is one of the industries that can help kick-start the Greek economy and support the beginnings of a recovery."