Welcome to our dedicated page for Eldorado Gold news (Ticker: EGO), a resource for investors and traders seeking the latest updates and insights on Eldorado Gold stock.
Eldorado Gold Corporation (NYSE: EGO, TSX: ELD) is a gold and base metals producer with mining, development and exploration operations in Türkiye, Canada and Greece. The EGO news page on Stock Titan aggregates company announcements and disclosures so readers can follow how Eldorado’s operations, projects and corporate actions evolve over time.
News from Eldorado Gold frequently covers operational and financial results, including quarterly production and sales figures, cost metrics, capital spending and updates on guidance. These releases often highlight performance at key operations such as the Lamaque Complex, Kisladag, Efemcukuru and Olympias, as well as commentary from management on portfolio performance and capital allocation.
Another major news theme is project development, particularly at the Skouries copper-gold project in Greece. Eldorado regularly reports on construction progress, capital estimates, schedules, commissioning milestones and workforce developments at Skouries, along with technical details on infrastructure such as the filtered tailings plant, primary crusher, process plant and underground development.
Investors can also expect updates on mineral reserves and resources, where Eldorado publishes changes to its Mineral Reserve and Mineral Resource (MRMR) estimates across operations and projects. These releases describe how drilling, resource conversion and mine planning affect reserve and resource totals and mine life at assets including the Lamaque Complex, Kisladag, Olympias, Perama Hill and Skouries.
Additional news items include capital markets and corporate developments, such as the renewal and use of the company’s normal course issuer bid, share repurchases, recognition in rankings like the TSX30, board and executive appointments, and investments in other companies. For investors tracking EGO, regularly reviewing this news feed provides insight into Eldorado’s operating performance, growth projects and governance decisions.
Eldorado Gold Corporation announced a 35% increase in preliminary gold production for Q3 2020, totaling 136,672 ounces, compared to Q3 2019. Key production highlights include:
- Kisladag: 66% increase year-over-year
- Lamaque: Record production due to enhanced mining
- Efemcukuru: 8% decrease from previous year
- Olympias: 75% increase year-over-year
Production remained slightly below expectations due to high solution inventories. Improvements in processing capacity are planned for Q1 2021.
Eldorado Gold Corporation announced the resignation of Dr. Michael Price from its Board effective September 30, 2020, as part of its succession planning. Judith Mosely has joined the Board as of September 1, 2020. Furthermore, the Company has successfully redeemed $58.6 million of its senior secured notes, affirming its commitment to debt reduction. George Burns, President and CEO, expressed gratitude for Dr. Price's decade of service and welcomed Judith Mosely to the Board. Eldorado Gold operates in multiple countries and trades on the TSX and NYSE under the symbol EGO.