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VOL 23 NO 62 REGD NO DA 1589 | Dhaka, Tuesday, January 12 2016
Posted : 12 Jan, 2016 16:33:42 AA-A+
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Mining company cuts works in Greece


Canadian mining company Eldorado Gold is set to suspend work at a site in northern Greece and lay off 600 workers following protests by local residents and a spat with the country's leftwing government.



The Vancouver, Canada-based company said on Tuesday it decided to suspend operations at a gold mine at Skouries, one of four major Greek sites where the company is involved.



Eldorado Gold CEO Paul Wright said a further 500 workers may also lose their jobs later in the year.



Wright accused that the government use the mining project as a "political toy" but insisted the company had no plans to pull out of Greece, according to AP. - Idrak

 

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Mining company cuts works in Greece | 24 News | The financial express