Hellas Gold: €2.47 million invested in Corporate Responsibility Projects in 2024
24.02.25
Athens, 25.02.2025
PRESS RELEASE
Staying true to its commitment to creating long-term value for the local community, the company has developed a strategic social investment plan spanning 25 years.
Continuing its investment in responsible and broadly beneficial mining activity in the region of Northeastern Halkidiki, Hellas Gold has completed its 2024 social investment plan, which includes 130 projects and social initiatives with a total value of €2.47 million.
This action plan has a significant impact on the company’s area of operation, as 90% of the investments, amounting to €2.2 million, were directed exclusively to projects and initiatives within the Municipality of Aristotle.
These investments are part of Hellas Gold’s flagship €80 million social investment program, which spans a 25-year horizon. The implementation strategy is based on specific pillars developed through consultation with the local community to ensure transparency and, most importantly, to address the needs and expectations of social stakeholders.
The projects and initiatives carried out by Hellas Gold in 2024 focused on environmental protection, local infrastructure development, support for education and youth, strengthening health services and structures, and promoting equality and inclusion—fully aligned with the company’s five core strategic pillars.
In addition to these social investments, in the past year, Hellas Gold contributed €5 million to the Municipality of Aristotle from mining royalties related to its 2023 operations—an amount expected to increase in the coming years following the start of commercial production at the Skouries project.
Commenting on the 2024 Corporate Responsibility Program, Hellas Gold’s Director of Communications & Corporate Affairs, Ms. Erika Xirouchaki, stated:
"Our journey is inextricably linked to the prosperity of the region in which we operate. In this context, as Hellas Gold, we support the local community through significant projects and initiatives and remain committed to continuing to create added value—enhancing quality of life, protecting the environment, and offering growth opportunities for all."
About Hellas Gold
Hellas Gold is a mining company for gold, silver, lead, and zinc, headquartered in Athens. Since 2004, it has been responsibly and safely developing and operating the Kassandra Mines in NE Halkidiki under the strictest environmental terms. The Kassandra Mines consist of three mining projects: the Stratoni-Mavres Petres Mine, the Olympias Mine, and the Skouries Project. Continuing a 25-century mining history, Hellas Gold invests in the sustainable development of the Kassandra Mines, boosting economic growth and contributing to the prosperity of the local community with investments exceeding $3 billion, employing over 2,000 workers, actively supporting local suppliers, and making significant investments in local community support initiatives and projects. Since 2012, it operates as a subsidiary of Eldorado Gold Corporation, a Canadian mining company with over 30 years experience in the exploration, development, and operation of mines worldwide.
For media inquiries, please contact:
Erika Xirouchaki, Director, Corporate Affairs & Communications, Greece, 214-6870000, Erika.Xirouchaki@eldoradogold.com
