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 Mining News
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.
Greece to take Eldorado Gold to arbitration court over project
Energy minister George Stathakis said the move aims to ensure the company respects its contractual obligations.
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 to begin production at its Greek Olympias mine by year-end
The Canadian miner also said it has obtained better terms for concentrate sales from the project, which are likely to add 15,000 ounces of payable gold production a year.
Gold price at 1-month low brings more pain for mining stocks
As 2017 gold price rally begins to look shaky, top listed gold producers are being punished disproportionately.
Gold price correction sinks mining stocks
Heavy losses across the board – Barrick down 4.6% in massive volumes and second tier Canadian miners hardest hit.
Gold miners hammered by metal’s biggest one-day loss this month
Shares in most gold miners fell Monday as the precious metal price dropped more than 1% in early trading and was steadily heading to its largest single-session loss of the month.
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 CEO Paul Wright retires, Goldcorp's George Burns takes over
Wright, who joined Eldorado in 1996 and has held several management positions prior to becoming its president and CEO in 1999, will be the company's new chairman.
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.
Gold stocks are soaring and we don’t need to tell you why
While gold is giving back some of its largest gains following Trump's win in the US Presidential election, miners of the precious metals continue to climb.
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.
BC gold miners reap Brexit rewards
A gold bull market would be good for the badly battered TSX Venture exchange, which is heavily weighted with junior miners with gold 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 granted key permit for Olympias mine in Greece
The permit allows the company to set up a processing plant in Olympias, which is crucial for the development of the mine.
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.
