Hellenic Gold welcomed representatives from the country’s institutional, scientific, business, and industrial sectors yesterday at the copper-gold project site in Skouries, including the Association of Greek Mining Enterprises (SME), the Hellenic Authority for Geological and Mining Research (EAGME), the Association of Greek Geologists (SEG), the Technical Chamber of Greece—Central Macedonia Branch (TEE/TKM), Greek Production, the Hellenic Copper Development Institute (EIAX), the Hellenic Federation of Enterprises (SVE), the Hellenic Exporters Association (SEVE), the Thessaloniki Chamber of Commerce and Industry (EBETH), and the Attica and Piraeus Industries Association (SVAP).
According to the relevant announcement, participants were briefed on the progress of the investment, which has now entered its final stages, and were given a tour of the mine’s facilities. They also had the opportunity to gain a firsthand view of the progress of one of the most significant industrial projects currently underway in the country and to learn about its contribution to strengthening the national economy, exports, industrial production, and the utilization of critical raw materials essential for Europe’s energy and digital transition.
The visit took place one week after a similar one, in which journalists and representatives from national and local media, as part of Hellas Gold’s ongoing commitment to transparency, communication, and continuous dialogue with all stakeholders.
With construction more than 94% complete and commercial production expected to begin in 2026, the copper-gold project in Skouries is entering its final phase. As the largest development project within Eldorado Gold’s investment in the Kassandra Mines—totaling more than $3 billion—Skouries represents one of the most significant industrial investments currently underway in Greece.
An investment exceeding $2 billion that focuses on the production of copper—a metal essential for green and digital transition technologies— the project is expected to play a decisive role in strengthening the country’s presence on the European map of critical raw materials.
Eldorado Gold’s investment in the Kassandra mines is already creating significant value for the Greek economy and local communities, as it supports 5,200 direct and indirect jobs, with 77% of employees coming from the local community. At the same time, through an extensive social investment program totaling $80 million, the company is implementing initiatives in the areas of health, education, the environment, and local development.