United States

Eldorado Gold Corp (EGO)

EGO on New York Consolidated

20 Jan 2017
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$0.12 (+3.59%)
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Fri, Jan 6 2017

Eldorado Gold shelves Turkey, Brazil development plans on lower prices

TORONTO, Jan 6 Canada's Eldorado Gold Corp said on Friday it has indefinitely shelved expansion plans for its Kisladag mine in Turkey and deferred a decision on developing a project in Brazil, citing lower gold prices.

BRIEF-Eldorado announces preliminary 2016 results

* Eldorado announces preliminary 2016 operational results and 2017 guidance

Two Canadian gold miners shuffle top ranks

TORONTO Two Canadian gold miners shuffled their executive ranks on Friday, as Goldcorp Inc promoted a senior vice president to replace Chief Operating Officer George Burns, hired by Eldorado Gold Corp as chief executive officer.

BRIEF-Eldorado reports third quarter 2016 results

* Q3 earnings per share view $0.03 -- Thomson Reuters I/B/E/S

BRIEF-Eldorado Gold sees 2017 gold production of 375,000 oz to 420,000 oz

* Expects to produce between 310,000 - 320,000 ounces of gold per year through 2020 at average cash costs of $490/ ounce in Turkey

BRIEF-Eldorado Gold provides updated outlook

* Capital investments remains prudent, and funds are currently being allocated to internal growth pipeline

BRIEF-Eldorado announces new exploration projects in Romania, Serbia, Brazil

* Eldorado announces new exploration projects in Romania, Serbia and Brazil

BRIEF-Eldorado Q2 adj EPS $0.01

* 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

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