News Summary: Greek Gold Mine Savior Or Curse?

By the Associated Press

LODE OF CONTROVERSY: Supporters of a new mining project say it will create jobs and pour hundreds of millions into the local economy, as Greece struggles with a devastating financial crisis. Opponents argue it will pollute, wipe out forests and drive tourists away from a region of striking natural beauty.

RAISING HELLAS: Hellas Gold â¿¿ 95 percent owned by Canadian mining company Eldorado Gold Inc. â¿¿ holds mining licenses for an area covering 122 square miles.

DIGGING IN: Local residents have formed a protest committee hoping to stop work on the new mine and processing plant in the area.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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