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Eldorado Gold Receives Skouries And Olympias Installation Permits

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timetravelerdos   Wednesday, 09/04/19 01:32:11 PM
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Eldorado Gold Receives Skouries And Olympias Installation Permits
3:11 pm ET September 3, 2019 (Benzinga) Print
VANCOUVER, British Columbia, Sept. 03, 2019 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or “the Company”) is pleased to confirm receipt of electromechanical installation permits for its Skouries project and an installation permit for its Olympias mine from the Greek Ministry of Energy and Environment (the “Ministry”).

Skouries
The permits allow for the installation of mechanical and electrical equipment at the flotation plant to be completed and installation of additional surface facilities. Receipt of these permits will enable the Company to apply for the flotation plant building permit, which will be submitted this month.

Eldorado intends to carry out certain construction activities that were suspended in 2017, including building the mill enclosure once permitted, to protect the plant assets. Capital expenditure for asset protection works is estimated to be approximately US$5 million.

https://finance.yahoo.com/news/greece-issues-permits-eldorado-golds-200526424.html

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