Greece Welcomes Gold Miners to Rank First in Europe: Commodities

For three years, Steve Sharpe’s company prodded Greek officials for permission to drill for gold. Before approval was finally granted this year, European Goldfields Ltd.’s battered share price attracted a takeover bid.

“No way on earth would I go back to Greece,” said the Canadian producer’s former head of business development, who left to head a mining company across the border in Macedonia.