The Investment


THE NEW INVESTMENT AGREEMENT

Turning over a new page at the Kassandra Mines

With the new Investment Agreement signed by Hellas Gold and the Greek Government, responsible mining becomes a source of prosperity for all. 

The $1.9 billion investment plan makes provision for the full development and operation of the mining facilities at Skouries, Olympias and Stratoni at NE Halkidiki, transforming Greece into one of the leading gold production countries in Europe. 

The full development of one of the historically largest foreign direct investments in Greece will offer a series of benefits for the national economy, employment, local society, and the environment. 

Play button

THE NEW INVESTMENT PLAN

The benefits over a 25-year period

EIA & ESIA

Impact Assessments and supplementary files

The new Kassandra Mines Investment Plan, based on the upgraded Investment Agreement which the company signed with the Greek Government in February 2021, is set out in detail in the following studies and the accompanying files. As part of the environmental permitting process for the new Kassandra Mines design, a Regulatory Environmental Impact Assessment (EIA) was prepared in line with the provisions of Greek law. An additional Environmental and Social Impact Assessment (ESIA) was also prepared in the context of financing from financial institutions. Lastly, the supplementary files describe how the Company operates at all levels, identifying practices and policies that will maximise its positive footprint.

Environmental Impact Assessment WEBPAGE Environmental & Social Impact Assessment WEBPAGE

The Kassandra Mines in the future

The new $1.9 billion upgraded modern investment plan of Hellas Gold for Sustainable Development at the Kassandra Mines will bring a series of benefits for the national economy, employment, local communities and the environment. 

Find out more about the new Investment Plan
Τα μεταλλεία Κασσάνδρας στο μέλλον.