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Greek energy ministry asks Eldorado to allow workers back to gold mine

  • Greece's new government calls on Eldorado Gold (EGO +4.1%) to allow most of the workers at its Greek gold mine to return to work.
  • The energy ministry views positively a proposal from Hellas Gold, EGO's Greece unit, that a team be set up to discuss technical issues, but wants employees to be able to return to work, Reuters reports.
  • Greece last month revoked EGO's permit to develop the mine, then EGO suspended operations at the mine and temporarily laid off most of its 1,300 workers.
  • Greece's government wants EGO to conduct tests of the flash-melting method to ensure its mining activities will not harm the environment at the mine, which is considered one of the top foreign investments in the country.

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