Eldorado Mining News

Eldorado defers decision to halt operations in Greece as talks with Gov’t begin

Company said it preserved the right to shut down operations in the country and to take legal actions to protect itself and its assets should the dialogue with the ministry of energy and environment fails.

Greece tries making peace with Eldorado, grants final permits for Olympias

While the company can now proceed with development of Olympias, is still awaiting permits for its Skouries project, the main bone of contention with Greek authorities.

Greece kicks off arbitration process over Eldorado Gold’s projects

Greek government alleges a technical study for the company’s Madem Lakkos metallurgical plant is deficient and thereby violates environmental terms.

Greece grants permits for Eldorado after miners clash with police

The miners from the Eldorado Gold mine in the Halkidiki region were protesting looming layoffs as the company said Monday it would suspend all operations in Greece.

Greece to begin arbitration process over Eldorado mine plans next month

Government said it expects to settle its differences with the Canadian miner, which is developing the Skouries and Olympias projects in northern Greece, where it also operates the Stratoni mine.

Worker dies at Eldorado Gold Skouries project in Greece

Contractor employee was struck by a branch from a falling tree, resulting in fatal injuries.

Greece to kick off arbitration process over Eldorado Gold’s project

Authorities seek to settle differences with the Canadian miner over Skouries, one of the gold projects the firm is currently developing in northern Greece.

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.

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.

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.

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 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.