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Socio-economic impact study of the Hellas Gold investment in the Kassandra Mines, Halkidiki, Greece
 
Category: Microeconomic Analysis
SubCategory: Others
Date: 20/03/2025
 
This study records the socio-economic impact of Hellas Gold΄s investment in the Kassandra Mines at full development, following the new investment agreement with the Hellenic Republic in 2021. The socio-economic impact is analyzed in two phases: from the 2012 investment launch to today, using historical data, and for the 25 years following the new investment agreement, using projections. The analysis shows that mining conducted responsibly could serve as a powerful engine for progress. By adhering to strict environmental standards, it enables the responsible extraction of domestic raw materials, fostering economic growth and social well-being. Crucially, responsible mining plays a significant role in supplying raw materials needed for a changing energy landscape, balancing resource utilization with environmental stewardship.
 
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