Voreia Ellada; Kentriki Makedonia; Chalkidiki
Location of affected unit(s)
Mining / Quarrying
Mining And Quarrying
Mining Of Metal Ores
07.2 - Mining of non-ferrous metal ores

600 jobs
Number of planned job losses
Job loss
Announcement Date
12 January 2016
Employment effect (start)
31 January 2016
Foreseen end date
29 February 2016


Eldorado Gold, a Canadian-based gold mining company, has terminated activities at its mine in Skouries and will lay off 600 workers. The company announced on Tuesday February 12th 2016 the suspension of operations at a gold mine at Skouries (Northern Chalkidiki), one of the four major Greek sites where the company has facilities, due to protests by local residents who oppose the project on environmental grounds. As a result 600 workers are about to lose their jobs.

A government representative stated that the government does not succumb to blackmail and accused Eldorado Gold of cancelling their scheduled meeting on the day the closure was announced.

Eldorado Gold is a Canadian low-cost gold producer with over 20 years of experience building and operating gold mines in Europe, Asia and South America. The Skouries mine is the largest of the Cassandra Mines of northern Chalkidiki, Central Macedonia, and one of the largest gold deposits in Greece and in the world. The mine has estimated reserves of 5.3 million oz of gold and 246.4 million tonnes of ore grading 0.49% copper.


  • 12 January 2016: Kathimerini
  • 12 January 2016: Ta nea


Eurofound (2016), Eldorado Gold, Closure in Greece, factsheet number 86103, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86103.