Eldorado Gold Corp Mining News

Eldorado Gold announces resumption of crushing and stacking at Kisladag

Further testwork is underway, the results of which are expected to be available in late 2019 or early 2020.

Eldorado to hike gold production to over 500,000 ounces in 2020

For 2019, the Canadian miner expects to produce between 390,000 and 420,000 ounces of gold.

BMO: Silvercrest Metals could be ‘takeover candidate’

SilverCrest is “an attractive takeout candidate for a mid-tier gold and/or silver producer.”

Eldorado Gold scraps mill at Turkish mine, resumes mining and heap leaching

Eldorado's shares jumped 12% in pre-market trading in New York on Thursday on the news.

Eldorado to invest $520 million in mill at its Turkish mine

The project would make Kışladağ a nine-year, 270,000-ounce-per-annum gold mine.

Eldorado cuts production guidance at Turkey mine

Gold recovery from the leach pad at the operation has lagged internal expectations.

Eldorado finishes Integra Gold acquisition, expands operations in Canada

Deal gives Eldorado full ownership of the Lamaque project near Val-d'Or, Quebec, which is expected to produce 123,000 ounces of gold at all-in sustaining costs of US$634 per ounce over 10 years.

Eldorado Gold risks missing 2017 guidance over issues with Turkish mine

It now expects to produce at least 180,000-210,000 ounces of gold this year at Kışladağ, which brings Eldorado's full-year guidance down from 365,000-400,000 ounces to 315,000-365,000 ounces.

Eldorado to take full control of Integra Gold as its expands to Canada

Move is part of an ongoing effort to strengthen its position in the home country, particularly around the gold-rich Eastern Abitibi region, in Quebec.

Eldorado Gold output slightly below target, shares fall

Company has decided to reconfigure the plan for its Turkey-based Kışladağ mine, which is its flagship operation.

Eldorado Gold officially out of China

Company has finished selling its stakes in the White Mountain and Tanjianshan mines, as well as in the Eastern Dragon development project to an affiliate of China’s Yintai Resources.

Greece grants permit to Eldorado Gold’s Skouries mine

Decision is expected to put an end to years of confrontation between the Canadian miner and the Greek government.

Eldorado Gold exits China, sells Jinfeng mine for $300 million

The move marks the Vancouver-based miner exit from China.

Increasing mine safety and productivity in China

RCT’s Smart Technology helped Eldorado Gold’s White Mountain achieve its safety and productivity goals.

Eldorado announces new exploration projects in Romania, Serbia and Brazil

Eldorado Gold Corporation, ("Eldorado" or "the Company") is pleased to announce plans at four new exploration projects.

Eldorado Gold to sell remaining assets in China to Yintai Resources for $600 million

The deal marks the end of Eldorado’s reign in China.

Eldorado Gold to restart construction of Skouries mine

Greek authorities have finally approved an updated technical study for the project, which clears the way for the proposed mine.

Eldorado Gold to sell Chinese mine for $300 million

Jinfeng produced 149,655 ounces of gold in 2015 and is expected to generate 95,000-105,000 ounces of gold this year.

Eldorado Gold to book up to $1.6 billion charge after halting work in Greece

However, the company said it remains committed to having a presence in Greece and has budgeted $155 million in development spending at the Olympias project.

Greek court annuls Govt. decision to revoke Eldorado Gold licence

The ruling comes only a few days after the Canadian miner decided to halt work at its mine in northern Greece, putting 600 jobs in the line.

Greek gold miners prepare to fight Syriza

Move comes as Canada's Eldorado, Europe's largest potential gold producer, announced massive job cuts as a result of government bureaucracy.

Greece won’t negotiate with Eldorado unless it resumes operations

Environment and Energy Minister, Panos Skourletis, said the company must recall its decision to halt work at most of its sites before any dialogue between the two sides can begin.

Eldorado Gold halts much of its mine construction in Greece, cuts jobs

The decision comes after more than a year of confrontations with the Greek government that included permits being revoked and delayed several times.

Greek court’s final ruling about Eldorado operations still pending

The company has temporarily resumed activities in the country, while it awaits a final decision.

Canada’s Eldorado Gold swings to loss in Q3

The Vancouver-based miner, however, upgraded its 2015 production guidance to 710,000 ounces of gold.