Eldorado Gold Corp., reports that it has drawn $150 million under its revolving credit facility as a proactive measure in light of the uncertainty surrounding the COVID-19 pandemic. The Company has no immediate need for the funds, however proceeds will be used for general corporate purposes, as required. The Company is also reviewing its 2020 sustaining and growth capital budget and will reduce expenditures if required [...]
Eldorado Gold Corp., reports that, in accordance with the Quebec provincial government-mandated restrictions to address the COVID-19 situation in the province announced on March 23, 2020, it will temporarily minimize operations at its Lamaque mine until April 13, 2020. The Company also reports that it has today received a Certificate of Authorization from the Quebec Ministry of Environment to allow for the expansion of [...]
Eldorado Gold Corp. today filed three separate technical reports for its Kisladag, Olympias and Efemcukuru projects . Further to the Company’s news release dated February 20, 2020 , 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 [...]
Eldorado Gold Corp., today reports the Company’s financial and operational results for the fourth quarter and year ended December 31, 2019. For further information please see the Company’s Consolidated Financial Statements and Management’s Discussion and Analysis filed on SEDAR at www.sedar.com under the Company’s profile. Year-End Financial and Operating Results Overview 2019 Production on plan [...]
Eldorado Gold Corp., is pleased to announce a 15-year mine life at Kisladag based on the completed long-cycle heap leach testwork and the replacement of the tertiary crushing circuit with a high-pressure grinding roll circuit. A National Instrument 43-101 compliant technical report detailing the updates to the Kisladag project will be filed on SEDAR prior to the end of Q1 2020. The Company is also providing detailed [...]
Eldorado Gold Corp. is pleased to announce the discovery of a new high-grade gold mineralization zone at its Lamaque Operations near Val d’Or, Quebec. This discovery, called the Ormaque Zone, is located in a previously undrilled area approximately midway between the historically mined Sigma Deposit and the actively mined Triangle Deposit, in close proximity to the proposed transportation decline linking the Triangle [...]
Eldorado Gold Corp. is pleased to announce the Company’s fourth quarter and full year 2019 preliminary production results. The Company will provide its full year 2020 guidance in conjunction with its 2019 Year End Results at the end of February. Eldorado also announces that Executive Vice President and Chief Operating Officer Paul Skayman is retiring and is pleased to confirm that Joe Dick has been hired as the [...]
Eldorado Gold Corp. today releases its updated Reserve and Resource estimates as of September 30, 2019. Highlights Total Proven and Probable Reserves of 384 million tonnes at 1.32 grams per tonne gold containing 16.4 million ounces.1 Measured and Indicated Resources and Inferred Resources at Lamaque increased by 191,000 ounces of gold and 198,000 ounces of gold, respectively, while Proven and Probable Reserves increased [...]
Eldorado Gold Corp. today reports the Company’s financial and operational results for the third quarter of 2019. Extension of mine life at Kisladag supported by recent test results: Waste stripping to support a mine life extension at Kisladag is underway. Recent test results confirm recoveries from leaching deeper material over 250 day cycles support an extension of mine life beyond the Company's current three year [...]
Eldorado Gold Corp. today reports its preliminary third quarter 2019 results. Preliminary Third Quarter Results Total gold production was 101,596 ounces for the third quarter and 276,376 ounces year to date. Guidance for 2019 remains unchanged. Recent test results from Kisladag confirm that recoveries from leaching deeper material over 250 day cycles support an extension of mine life beyond the Company’s current [...]
Eldorado Gold Corp. will release its Q3 2019 Financial and Operational Results after market closes on Thursday, October 31, 2019 and will host a conference call on Friday, November 1, 2019 at 11:30am ET . The call will be webcast and can be accessed at Eldorado Gold’s website: www.eldoradogold.com, or via: http://services.choruscall.ca/links/eldoradogold20191101.html. Conference Call Details Replay Date: Time: Dial [...]
Eldorado Gold Corp. announces that the Company has established an at-the-market equity program . The ATM Program will allow the Company to issue up to US$125 million worth of common shares from treasury to the public from time to time at prevailing market prices through the Toronto Stock Exchange, the New York Stock Exchange or any other marketplace on which the Common Shares are listed, quoted or otherwise trade. The [...]
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