Eldorado Gold Greek Unit Gets Pre-Environmental Go-Ahead

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Thracean Gold Mining SA, a unit of Canada’s Eldorado Gold Corp., said Greece approved the pre-environmental impact assessment for a gold project in the north of the country.

The Perama Hill gold project in northeastern Greece consists of two mining titles covering an area of 1,897.5 hectares and two mining exploration licenses for an area of 1,762.7 hectares. Eldorado forecasts the average gold production at the site will be 110,000 ounces per year.