Eldorado Gold Corp. and QMX GOLD CORPORATION are pleased to announce that they have entered into a definitive arrangement agreement pursuant to which Eldorado will acquire all of the outstanding shares of QMX for total consideration of approximately C$132 million on a 100% and fully diluted basis or C$0.30 per QMX share . Eldorado currently owns [...]
Eldorado Gold Corp., today provided detailed 2021 production and cost guidance and an updated five-year production outlook. Highlights Kisladag high-pressure grinding roll commissioning in the third quarter of 2021 and pre-stripping investments position the mine for sustained free cash flow over a 15-year mine life. Increased five-year production [...]
Eldorado Gold Corp. today announced the Company’s fourth quarter and full year 2020 preliminary production results. Preliminary 2020 gold production increased 34% over 2019 to 528,874 ounces, meeting the Company’s annual consolidated production guidance of between 520,000 and 550,000 ounces. Preliminary gold production for the fourth quarter of [...]
Eldorado Gold Corp. today releases its updated Reserve and Resource estimates as of September 30, 2020. Reserves Update The Company’s Proven and Probable gold Reserves totalled 17.7 million ounces as of September 30, 20201, compared to 17.5 million ounces as of December 31, 2019, an increase of 1.3%. The complete Mineral Reserve and Resource [...]
Eldorado Gold Corp. is pleased to provide results from brownfields exploration drilling programs in Quebec, Greece, and Turkey, including an update on the newly-discovered Ormaque zone at Lamaque. Additionally, the Company is providing a brief update on COVID-19. Highlights in this release include: At Lamaque, new high-grade drill intercepts from [...]
Eldorado Gold Corp. today reports the Company’s financial and operational results for the third quarter of 2020. Steady quarterly production and 2020 annual guidance maintained: Gold production totalled 136,922 ounces in Q3 2020, an increase of 35% from production of 101,596 ounces in Q3 2019. The Company is maintaining its 2020 annual guidance of [...]
Eldorado Gold Corp. is pleased to announce Q3 2020 preliminary production of 136,672 ounces of gold, a 35% increase over Q3 2019. Further detail on asset level production is shown in the table below. Q3 and Year-to-Date 2020 Preliminary Production Q3 Preliminary Production Production Q1 2020 Q2 2020 Q3 2020 Q3 2019 Q3 %Change Kisladag 50,176 59,890 [...]
Eldorado Gold Corp. announces that Dr. Michael Price will be stepping down from the Company’s Board effective September 30, 2020. As previously announced on July 20, 2020, Judith Mosely joined the Board effective September 1, 2020. This is consistent with Eldorado’s succession planning at the Board level. The Company also reports that it has [...]
Eldorado Gold Corp. today reports the Company’s financial and operational results for the second quarter of 2020. Measures remain in place to manage the impact of the novel coronavirus pandemic: The Company's mines are fully operational and the global workforce has returned to normal levels. Preventing the spread of COVID-19, ensuring safe working [...]
Eldorado Gold Corp. is pleased to announce the Company’s Q2 2020 preliminary production of 137,782 ounces of gold, a 50% increase over Q2 2019. Further detail on asset level production is shown in Table 1 below. Gold production at Kisladag increased by 130% over Q2 2019, and 19% over Q1 2020. Increased production in Q2 2020 was due to higher grade [...]
Eldorado Gold Corp. announces that it is commencing construction of a three kilometre decline, or tunnel , from the Sigma mill to the 405 metre level of the Triangle mine. The Company is also providing an update on several positive developments in Greece. “We are pleased to begin construction of the decline at Lamaque this summer. This is a [...]
Eldorado Gold Corp. is pleased to announce that all director nominees, as listed in the Management Proxy Circular dated March 17, 2020, were elected as directors of Eldorado at the Company’s Annual Meeting of Shareholders held on April 30, 2020, in Vancouver, British Columbia. As previously announced by the Company, after almost 14 years on the [...]
