Eldorado Gold says EU designates Skouries copper-gold mine as CRMA Strategic Project
EGO•The EU designated Eldorado Gold’s Skouries copper-gold mine in northern Greece a Strategic Project under the Critical Raw Materials Act; the project represents more than $2 billion of investment.
1. Strategic project status
The EU designated Skouries a Strategic Project under the Critical Raw Materials Act, highlighting the mine’s role in supporting EU supply security for copper, which the act lists as a strategic raw material. Skouries recently began operations, and Eldorado expects copper and gold production over an approximately 20-year mine life.
