BUSINESS

Eldorado Gold: Major copper deposits at Skouries mine

Eldorado Gold: Major copper deposits at Skouries mine

Eldorado Gold’s assets in Greece are key to its strategic development plans, the CEO of the Canadian company, George Burns, said on Monday, underlining that the copper deposits at Skouries are so significant that the company will become one of the largest copper producers in the European Union.

“We currently have 12 million ounces of gold in proven and probable reserves, 41% of those within Greece,” he told the Toronto Economic Forum II, organized by the Delphi Economic Forum in collaboration with the Hellenic Initiative Canada: “We also have an ongoing exploration program that continues to replenish and grow our resources and reserves,” he added. 

“For 30 years, Eldorado Gold has been breaking new ground in the mining sector, and our sustained success is founded on three pillars: a diversified portfolio of high-quality, long-life assets; an unwavering commitment to innovation and sustainability; and a series of strategic growth projects unique amongst our peers. Key to that third pillar are our assets in Greece, where we operate the Olympias underground mine, and we are advancing our transformational Skouries project,” Burns said. 

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