Eldorado Gold Corp. is pleased to provide an update of results from exploration projects at the Lamaque and Efemcukuru operations. Brownfield exploration activities at these sites included a combination of resource conversion drilling, step-out drilling of existing resources and testing new near-mine targets. Ormaque: Infill drilling at the Ormaque [...]
Eldorado Gold Corp. today announces it has completed its offering of US$500 million aggregate principal amount of 6.250% senior notes due 2029 . Eldorado will use the net proceeds from the sale of the Notes to redeem its outstanding US$234 million 9.500% Senior Secured Second Lien Notes due June 2024 effective September 9, 2021, to repay all [...]
Eldorado Gold Corp. is pleased to announce that it has priced its offering of US$500 million aggregate principal amount of 6.250% senior notes due 2029 . The settlement date for the issue of the Notes is expected to be on or about August 26, 2021. Eldorado intends to use the net proceeds from the sale of the Notes to redeem its outstanding US$234 [...]
Eldorado Gold Corp. is pleased to announce that the Company intends to offer up to US$500 million aggregate principal amount of senior notes due 2029 , subject to market and other conditions. The interest rate and other terms of the Notes will be determined based on prevailing market conditions. Eldorado intends to use the net proceeds from the [...]
Eldorado Gold Corp. is pleased to announce that it has entered into a definitive agreement with G Mining Ventures Corp. to divest its Tocantinzinho Project located in Brazil . Under the terms of the Agreement, Eldorado will receive: Minimum upfront consideration of US$50 million, comprised of a minimum US$20 million in cash and 19.9% of GMIN shares [...]
Eldorado Gold Corp. today reports the Company's financial and operational results for the second quarter of 2021. Quarterly production in line with expectations; full year 2021 annual guidance: Gold production totalled 116,066 ounces in Q2 2021, a decrease of 16% from Q2 2020 production of 137,782 ounces and a 4% increase over Q1 2021, driven by a [...]
Eldorado Gold Corp. announces that today it acquired 15,041,746 common shares of Probe Metals Inc. at a price of $1.575 per share for an aggregate purchase price of $23,690,749.95. Prior to such acquisition, Eldorado did not own any Shares of Probe and following such acquisition, Eldorado owns 11.5% of the outstanding Shares of Probe. The Shares [...]
Eldorado Gold Corp. is pleased to announce second quarter 2021 preliminary gold production of 116,066 ounces, in-line with the Company's 2021 annual guidance of between 430,000 and 460,000 ounces of gold. Detailed production, by asset, is outlined in the table below. Q2 2021 and Year-to-Date 2021 Preliminary Gold Production Production Mine Q2 2021 [...]
Eldorado Gold Corp. is pleased to release its 2020 Sustainability Report , titled Sustainability from the Ground Up, which includes details of the Company's Sustainability Framework and its Environmental, Social and Governance performance. The Report is our 9th annual published report and has been prepared in accordance with the Global Reporting [...]
Eldorado Gold Corp. is pleased to announce that all director nominees, as listed in the Management Proxy Circular dated April 27, 2021, were elected as directors of Eldorado at the Company's Annual Meeting of Shareholders held virtually on June 10, 2021. Election of Directors Directors Votes For Votes Withheld Outcome George Albino 89,608,334 [...]
Eldorado Gold Corp. today reports the Company's financial and operational results for the first quarter of 2021. First Quarter 2021 and Subsequent Period Highlights Q1 2021 production on plan and in line with 2021 annual guidance: Gold production totalled 111,742 ounces in Q1 2021, in-line with 2021 annual guidance and a decrease of 4% from Q1 2020 [...]
Eldorado Gold Corp. is pleased to announce that the Greek Ministry of Energy and Environment has approved a modification to the Kassandra Mines Environmental Impact Assessment to allow for the use of dry stack tailings disposal at the Skouries project. Dry stack technology involves filtering tailings to remove water prior to stacking and compacting [...]