Eldorado Gold Corp. is pleased to announce that the Company and its syndicate of lenders have executed an amended and restated senior secured credit facility . The Fourth ARCA consists of a US$250 million revolving senior secured credit facility with an option to increase the available credit by US$100 million through an accordion feature, as well [...]
Golden Valley Mines and Royalties enabling Eldorado to earn up to an additional 50% interest in the Claw Lake Gold Prospect, the Cook Lake Prospect, the Murdock Creek Prospect, all located in Ontario and the Perestroika Prospect. Golden Valley and Eldorado are currently parties to a Joint Venture Agreement pertaining originally to an aggregate of [...]
Eldorado Gold Corp. is pleased to announce third quarter 2021 preliminary gold production of 125,459 ounces, an 8% increase from 116,066 ounces produced in the second quarter 2021. Based on strong production performance in the first nine months of 2021, the Company is reviewing the full year 2021 production guidance ranges and will provide an [...]
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 [...]
