Skouries mine [SEP] product
Skouries mine
The Skouries mine is a high-grade gold-copper porphyry deposit located in the Halkidiki Peninsula in northern Greece. It is currently under development by Eldorado Gold and is planned to be an open pit and underground mine. Production is targeted in 2019.
Geology.
Skouries is a gold-copper porphyry deposit centred on a small, pencil-porphyry stock that intruded schist and gneiss of the Paleozoic Vertiskos Formation of the Serbo-Macedonian Massif in northeastern Greece. The porphyry is characterized by at least four
environmental permit was challenged but was upheld by the Council of State, Greece's highest administrative court, in 2012 citing Eldorado's "investment was particularly advantageous for the national economy".
Other permitting and licensing delays have also hampered the development of Skouries.
- March 2015 - The Syriza government suspends the application for the building enclosure permit at Skouries from the approval process.
- August 2015 - The Greek Ministry of Environment and Energy suspends technical studies pertaining to Skouries and Olympias. The Greek Council of State issues injunction