21.2 C
Supported byspot_img

€18 Bln Worth of Gold, Precious Metals Could be Mined in Greece

Member of Europium Groupspot_img
Supported byspot_img

There is up to €18 billion worth of gold, zinc and lead deposits in northern Greece waiting to be exploited by mining companies, says Professor of Metallurgy at the National Technical University of Athens, Ioannis Paspaliaris.

Speaking at an event of the Association of Mining Operations at the Thessaloniki international Fair on Monday, the professor said that there is a huge increase in demand for many metals and the issue of the precious metals in northern Greece should be assessed.

Speaking at the same event, Eldorado Gold Vice-President, Government Relations Europe, Andor Lips, said Eldorado Gold has invested $1.5 billion in Greece to date and has created a total of 2,500 jobs. “Essential prerequisites for additional $1 billion in investments, that will double the number of jobs, are a stable institutional framework and a clear timetable for their implementation,” he added.

Supported by

Dr. Corina Hebestreit, Director of Euromines, explained European policy on mineral wealth, saying that the EU requires high standards of operation in the mining industry.

Source: greekreporter

Supported byElevatePR Digital

Related News

Lithium from Lopare to be supplied to “Mercedes”

The Swiss joint-stock company ARCORE AG, which has identified significant quantities of lithium carbonate, magnesium, potassium, and boron through exploration in the Lopare municipality,...

International Graphite Ltd advances key projects in Western Australia with Springdale drilling and Collie processing

International Graphite Ltd is making significant strides in advancing its graphite processing operations in Western Australia. The company is currently conducting a 10-hole diamond...

Uzbekistan’s bold move: Ambitious push to lead global rare earth mining

Uzbekistan's President Shavkat Mirziyoyev has underscored the importance of developing the country's rare-earth mining sector, positioning it as a top priority for his administration...

Breakthrough discovery: Europe’s largest rare earth deposit found in Norway

Rare earth elements (REEs) are a group of 17 chemical elements comprising Scandium, Yttrium and the 15 lanthanides, including notable elements such as Neodymium,...
Supported by
Supported by
Supported by
error: Content is protected !!