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Eldorado Gold Corp (ELD.TO)

ELD.TO on Toronto Stock Exchange

3.14CAD
21 Jul 2017
Change (% chg)

$-0.05 (-1.57%)
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Latest Key Developments (Source: Significant Developments)

Eldorado gold provides an update on Kisladag operations
Tuesday, 27 Jun 2017 07:36pm EDT 

June 27 (Reuters) - Eldorado Gold Corp ::Eldorado Gold provides an update on Kisladag operations.Eldorado Gold Corp- Kisladag is now expected to produce approximately 38,400 ounces of gold in Q2 of 2017 and about 90,000 ounces of gold for first half of 2017.Kisladag will not meet company's original 2017 guidance of 230,000 to 245,000 ounces..Eldorado Gold- co now expects 2017 gold production of 180,000 to 210,000 ounces from Kisladag with cash costs in new guidance range of $450 to 500 per ounce.  Full Article

Integra Gold says Glass Lewis has recommended Integra shareholders vote for arrangement resolution with Eldorado Gold
Friday, 23 Jun 2017 08:00am EDT 

June 23 (Reuters) - Eldorado Gold Corp :Integra Gold Corp - Glass Lewis has recommended that Integra Gold shareholders vote for arrangement resolution with Eldorado Gold Corporation.  Full Article

Eldorado Gold responds to Greece
Thursday, 8 Jun 2017 05:42pm EDT 

June 8 (Reuters) - Eldorado Gold Corp ::Eldorado Gold provides statement.Eldorado Gold Corp- Eldorado Gold confirms it has not received formal notification or any details of any arbitration proceedings.Eldorado Gold Corp- "at this time, eldorado's operations and development projects are continuing to plan".Eldorado Gold Corp - Eldorado's operations and development projects are continuing to plan.Eldorado Gold Corp - consistently received positive decisions from Greece's council of state in 18 cases confirming integrity of its permits.Eldorado Gold Corp - statement in response to statement posted on Greek Ministry of energy and environment's website on June 8 2017.  Full Article

Eldorado to acquire Integra Gold Corp
Monday, 15 May 2017 12:01am EDT 

May 15 (Reuters) - Eldorado Gold Corp ::Eldorado Gold - Integra has agreed to pay a termination fee of approximately C$18 million to Eldorado upon occurrence of certain termination events.Entered into a definitive agreement with Integra Gold Corp.Has agreed to acquire all of issued and outstanding common shares of Integra that it does not currently own.Transaction will be carried out by way of a court-approved plan of arrangement.Eldorado Gold - Maximum number of shares issuable by co under arrangement will be about 77 million.Eldorado Gold - Maximum amount of cash payable by Eldorado under arrangement will be approximately C$129 million equal to 25% of total consideration..Total transaction value is approximately C$590 million, inclusive of Integra shares held by Eldorado..Eldorado - Integra shareholders will receive 0.24 Eldorado shares, C$1.21 in cash, both subject to pro ration, or 0.18188 of Eldorado share and C$0.30 in cash.Eldorado Gold - Upon completion of transaction current Eldorado and Integra shareholders would hold approximately 90% and 10% of combined company.Each of directors and senior officers of Integra have agreed to vote in favour of transaction.  Full Article

Eldorado reports Q1 earnings per share $0.01
Thursday, 27 Apr 2017 05:05pm EDT 

April 27 (Reuters) - Eldorado Gold Corp -:Eldorado reports 2017 first quarter results.Q1 adjusted earnings per share $0.01.Q1 earnings per share $0.01.Q1 earnings per share view $0.01 -- Thomson Reuters I/B/E/S.Eldorado Gold Corp qtrly gold production of 75,172 ounces, compared to 79,892 ounces from continuing operations.Eldorado Gold Corp Q1 all-in sustaining cash costs averaged $791 per ounce versus $886 per ounce.Qtrly all-in sustaining cash costs averaged $791 per ounce.Eldorado Gold Corp - in 2017 eldorado expects to produce 365,000-400,000 ounces of gold.Eldorado Gold Corp - construction at skouries continued on track for anticipated 2019 start-up.Eldorado Gold Corp - george burns set to take on role of president & chief executive officer on april 28, 2017.Eldorado Gold Corp says q1 gold revenues of $90.5 million on sales of 74,068 ounces of gold at an average realized gold price of $1,222 per ounce.Eldorado Gold - cash costs are forecasted at $485-535 per ounce, with all-in sustaining cash costs expected to range from $845-875 per ounce in 2017.Says 2017 planned expenditures for mining development total $345 million.Eldorado Gold Corp says q1 metal sales $111.9 million versus. $94.7 million.Q1 revenue view $119.9 million -- Thomson Reuters I/B/E/S.  Full Article

ELDORADO GOLD REPORTS Q4 LOSS PER SHARE OF $0.05
Thursday, 23 Feb 2017 05:10pm EST 

Eldorado Gold Corp : ELDORADO REPORTS 2016 YEAR-END AND FOURTH QUARTER FINANCIAL AND OPERATIONAL RESULTS . Q4 LOSS PER SHARE $0.05 . Q4 EARNINGS PER SHARE VIEW $0.02 -- THOMSON REUTERS I/B/E/S . Q4 ADJUSTED EARNINGS PER SHARE $0.07 . IN 2017 ELDORADO EXPECTS TO PRODUCE 365,000-400,000 OUNCES OF GOLD, INCLUDING PRE-COMMERCIAL OUNCES FROM OLYMPIAS PHASE II. . DECLARED THAT IT WILL PAY A DIVIDEND OF CDN$0.02PER COMMON SHARE ON MARCH 16, 2017 . CAPITAL EXPENDITURES AT SKOURIES FOR 2017 ARE EXPECTED TO BE BETWEEN $170.0 AND $200.0 MILLION .2017 CASH COSTS ARE FORECASTED AT $485-535 PER OUNCE, WITH ALL-IN SUSTAINING CASH COSTS EXPECTED TO RANGE FROM $845-875 PER OUNCE.  Full Article

Eldorado reports third quarter 2016 results
Thursday, 27 Oct 2016 05:30pm EDT 

Eldorado Gold Corp : Eldorado reports third quarter 2016 results . Q3 earnings per share $0.03 . Q3 earnings per share view $0.03 -- Thomson Reuters I/B/E/S . Q3 revenue $156 million . Q3 revenue view $199.3 million -- Thomson Reuters I/B/E/S . Qtrly gold production totaled 117,782 ounces . Eldorado Gold Corp - 2016 guidance of 495,000 ounces of gold at all-in sustaining costs of $915 per ounce . Sees 2016 guidance of 495,000 ounces of gold at all-in sustaining costs of $915 per ounce . Qtrly average cash costs of $566 per ounce; all-in sustaining cash costs averaged $890 per ounce . Eldorado Gold -Capital spending is forecast to be $80.0 million in sustaining capital and $230.0 million in new project development capital for 2016 .Eldorado Gold - Ounce production, sustaining capital spending,development capital spending forecasts reduced due to sale of chinese assets.  Full Article

Eldorado announces new exploration projects in Romania, Serbia, Brazil
Monday, 22 Aug 2016 02:53pm EDT 

Eldorado Gold Corp : Eldorado announces new exploration projects in Romania, Serbia and Brazil . Borborema and Nazareno gold projects in Brazil will be explored under an option agreement with Votorantim Metais .On July 26, co signed agreements with Votorantim Metais granting co option to buy up to 70 pct ownership in Borborema, Nazareno license areas.  Full Article

Eldorado Q2 adj EPS $0.01
Thursday, 28 Jul 2016 05:10pm EDT 

Eldorado Gold Corp : Qtrly gold production of 124,110 ounces . Expecting to produce a total of 570,000 ounces of gold at all in sustaining cash costs of $930 per ounce and cash costs of $595 per ounce for fy 2016 . Qtrly gold production of 124,110 ounces . Production is expected to increase throughout remainder of year as leach cycles benefit from lower lifts placed on new leach pad cells . Eldorado reports second quarter 2016 results . Q2 adjusted earnings per share $0.01 . Q2 loss per share $0.46 . Q2 earnings per share view $0.01 -- Thomson Reuters I/B/E/S .Qtrly all-in sustaining cash costs averaged $933 per ounce.  Full Article

Eldorado Gold to sell White Mountain, Tanjianshan Mines, Eastern Dragon Development Project for $600 mln
Monday, 16 May 2016 10:51am EDT 

Eldorado Gold Corp : Eldorado announces agreement to sell White Mountain and Tanjianshan Mines and Eastern Dragon Development Project . Deal for $600 million . Agreement provides for an RMB equivalent US$30 million deposit to be paid by purchaser and forfeited under certain circumstances . Intends to redeploy net proceeds from disposition of its chinese assets to continue to grow its business based on long lived, low cost assets . Transaction is expected to close in third to Q4 2016 . Following close, intends to redeploy net proceeds from disposition of chinese assets to continue to grow business . Agreement provides for a reverse break-fee of $30 million payable by Eldorado to purchaser under certain circumstances . BMO Capital Markets and Cutfield Freeman & Co are acting as financial advisors .To sell interest in White Mountain and Tanjianshan Mines and Eastern Dragon Development Project to affiliate of Yintai Resources Co.  Full Article

BRIEF-Eldorado gold provides an update on Kisladag operations

* Eldorado Gold Corp- Kisladag is now expected to produce approximately 38,400 ounces of gold in Q2 of 2017 and about 90,000 ounces of gold for first half of 2017