Hellas Gold yesterday welcomed, at the facilities of the copper-gold project in Skouries, representatives of the country's institutional, scientific, business and productive bodies, 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 Department (TEE/TKM), Hellenic Production, the Hellenic Copper Development Institute (EIAH), the Association of Industries of Greece (SVE), the Exporters' Association (SEVE), the Thessaloniki Chamber of Commerce and Industry (EBETH) and the Association of Industries of Attica and Piraeus (SVAP).
According to the relevant announcement, the participants were informed about the progress of the investment, which has now entered the final stretch, and were given a tour of the mine's facilities. They also had the opportunity to gain a direct picture of the development of one of the most important industrial projects currently being implemented in the country and to be informed about its contribution to strengthening the national economy, exports, industrial production and the utilization of critical raw materials that are necessary for Europe's energy and digital transition.
The visit took place one week after the corresponding one that had preceded it and in which journalists - representatives of national and local media participated, within the framework of Hellas Gold's ongoing commitment to transparency, information and continuous dialogue with all stakeholders.
With construction having been completed by more than 94% and the start of commercial production expected within 2026, the copper-gold project in Skouries is entering its final phase. As the largest development project of Eldorado Gold's investment in the Kassandra Mines, totaling more than $3 billion, Skouries constitutes one of the most important industrial investments currently being implemented in Greece.
An investment exceeding $2 billion and centered on copper production, 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 worth $80 million, the company is implementing initiatives in the fields of health, education, the environment and local development.