Bloomberg reported that an Eldorado Gold Corp. (NYSE:EGO) subsidiary has received Greece’s approval of a pre-environmental assessment on the Perama Hill gold project.
As quoted in the market news:
Thracean will submit the full environmental impact assessment in a few weeks, the Athens-based company said in an e-mailed statement today. Thracean will invest 150 million euros ($198.5 million) to build the Perama site within 18 months while the cost to operate the site over eight years will be 200 million euros.
