Eldorado Gold holds its annual shareholders’ meeting in Vancouver today, Canadians may ask themselves why the company’s plans to mine gold in northern Greece are meeting such strong resistance from residents and even some local authorities. There are really only two problems: what the company is planning to do, and how it is going about doing it.

Eldorado is planning to build a combination of open-pit and underground gold mines, linked to its existing Stratoni lead-zinc mine. While the company plans to use closed-circuit processing, not open-air heap leaching (as it does in Turkey, where it has caused serious problems), the potential impact on ground water and surface water flows is huge; the mines will also require the destruction of significant areas of forest.