Eldorado Gold Corp. announces it has entered into an agreement with a syndicate of lenders to extend and increase its senior secured credit facility . The Credit Facility has a four-year term and consists of a US$350 million revolving senior secured credit facility with a US$100 million accordion feature. The Company proactively extended and increased the credit facility in order to replace the October 2021 senior secured [...]
Eldorado Gold Corp. is pleased to announce that all director nominees, as listed in the Management Proxy Circular dated April 16, 2024, were elected as directors of Eldorado at the Company's Annual Meeting of Shareholders held on June 4, 2024. "On behalf of the Board, we would like to thank our shareholders for their continued support as Eldorado Gold continues to advance construction at Skouries, and remains focused on [...]
Eldorado Gold Corp.Eldorado Gold Corp. is pleased to announce the publication of its 2023 Sustainability Report , which provides details of the Company's environmental, social and governance performance over the past year. The Report is available on Eldorado Gold's website . All financial figures stated within this release are in U.S. dollars unless otherwise stated. "At Eldorado, health, safety and sustainability are [...]
Eldorado Gold Corp. today reports the Company's financial and operational results for the first quarter of 2024. For further information please see the Company's Consolidated Financial Statements and Management's Discussion and Analysis filed on SEDAR+ at www.sedarplus.ca under the Company's profile. First Quarter 2024 Highlights Operations Gold production: 117,111 ounces in line with expectations for the quarter [...]
Eldorado Gold Corp. today provides the following updates on the tax impacts in Turkiye related to the weakening of the Turkish Lira in Q1 2024. Tax Impacts in Turkiye for Q1 2024 Related to the Weakening Turkish Lira The Company's profits from mining operations in Turkiye are taxed at the enacted rate and the resulting current income tax expense can be further increased or reduced by other items. For the first quarter [...]
Eldorado Gold Corp. announces today that it has filed two separate technical reports related to its Olympias and Efemcukuru properties . These Technical Reports have been prepared pursuant to Canadian Securities Administrators' National Instrument 43-101 - Standards of Disclosure for Mineral Projects, and may be found on the Company's website or under the Company's SEDAR+ profile . The Technical Reports were filed to [...]
Eldorado Gold Corp. provides detailed 2024 production and cost guidance and four-year production outlook. All financial figures stated within this release are in U.S. dollars unless otherwise stated. 2024 Guidance Highlights Gold production of 505,000 to 555,000 ounces, representing a 9% increase from 2023 gold production . Total cash costs of $840 to $940 per ounce sold. All-in sustaining costs of $1,190 to $1,290 per [...]
Eldorado Gold Corp., today reports the Company's financial and operational results for the fourth quarter and year ended December 31, 2023. For further information please see the Company's Consolidated Financial Statements and Management's Discussion and Analysis filed on SEDAR+ at www.sedarplus.com under the Company's profile. Q4 2023 and Full-Year Summary Operations Gold production: 143,166 ounces in Q4 2023 reflecting [...]
Eldorado Gold Corp. announces fourth quarter 2023 preliminary gold production of 143,166 ounces, and full year preliminary gold production of 485,140 ounces. Fourth quarter production was strong across all assets and in line with the Company's expectation of a stronger second half of 2023. Full year preliminary production was at the midpoint of the tightened guidance range of 475,000 to 495,000 ounces, as announced in the [...]
Eldorado Gold Corp. today announces the appointment of Paul Ferneyhough as Executive Vice President and Chief Financial Officer of the Company to be effective today, January 2, 2024. Mr. Ferneyhough will be succeeding Philip Yee, who will be retiring as of the same date. Paul Ferneyhough joined Eldorado Gold in May 2021 to oversee the development and execution of the Company's strategic growth strategy. Most recently [...]
Eldorado Gold Corp. is pleased to provide an update on exploration results from the Ormaque deposit, part of the Lamaque Complex, in Quebec, Canada. "We are excited to see Ormaque resources continuing to grow, adding ounces to both Indicated and Inferred Resources, as reported in our September 30, 2023 Mineral Reserve and Mineral Resource statement, published on December 13, 2023," said George Burns, President and CEO of [...]
Eldorado Gold Corp. releases its updated Mineral Reserve and Mineral Resource estimates as of Sept 30, 2023. To provide further clarity, on a go-forward basis, the Company is referring to specific assets within the Eldorado Gold Quebec portfolio as the Lamaque Complex. The Lamaque Complex includes the Triangle Mine, the Ormaque Deposit, the Parallel Deposit, the Plug #4 Deposit, and the Sigma Mill. This is consistent with [...]