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Eldorado Gold Corp (ELD.TO)

ELD.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Eldorado Gold provides an update on Greek investments
Thursday, 9 Nov 2017 06:57am EST 

Nov 9 (Reuters) - Eldorado Gold Corp ::Provides an update on greek investments.Will move Skouries Development Project into care and maintenance​.Dialogue continued with Greece's MOE on development of unit Hellas Gold S.A.'s, Kassandra Mine assets in Halkidiki​.Greece's "MOE has failed to issue amended electromechanical installation permit for Skouries flotation plant​".Will re-assess its investment in Skouries project upon approval and receipt of required permits​.  Full Article

Eldorado Gold reports Q3 loss $0.01/shr
Thursday, 26 Oct 2017 05:05pm EDT 

Oct 26 (Reuters) - Eldorado Gold Corp :Eldorado Gold reports 2017 third quarter results.Q3 adjusted earnings per share $0.00.Q3 loss per share $0.01.Q3 earnings per share view $0.01 -- Thomson Reuters I/B/E/S.Eldorado Gold Corp - qtrly gold production of 70,053 ounces versus 73,499 ounces‍​.Eldorado Gold Corp qtrly ‍all-in sustaining cash cost for gold $925 per ounce versus $777 per ounce​.Eldorado Gold Corp - qtrly gold ounces sold 65,439 ounces versus 73,740 ounces.Eldorado Gold Corp - in quarter, ‍slower spending is attributable to ongoing delays in timely granting of required permits by Greek government​.Eldorado Gold Corp - qtrly revenues $95.4 million versus $116.2 million ‍​.Q3 revenue view $104.8 million -- Thomson Reuters I/B/E/S.Eldorado gold - ‍Paul N. Wright, co's vice chairman, has notified his intention to resign from board of directors effective December 31, 2017​.  Full Article

Eldorado gold provides an update on Kisladag operations
Monday, 23 Oct 2017 06:45am EDT 

Oct 23 (Reuters) - Eldorado Gold Corp :Eldorado Gold provides an update on Kisladag operations.Eldorado Gold - ‍revising 2017 guidance for Kisladag mine to 170,000 to 180,000 ounces at cash costs of $500 to $550 per ounce​.  Full Article

Eldorado Gold enters constructive dialogue with Greek Government
Thursday, 21 Sep 2017 06:45am EDT 

Sept 21 (Reuters) - Eldorado Gold Corp :Eldorado Gold enters constructive dialogue with Greek Government.Entered into dialogue with Greece's MOE in respect to development of its unit, Hellas Gold S.A.'s, Kassandra mine assets in Halkidiki."Remain confident" that arbitration process initiated last week by Greek government will be concluded in a "timely and efficient manner"​."We have decided to temporarily postpone our decision to place our assets in Halkidiki on care and maintenance"​.  Full Article

Eldorado Gold receives further Olympias permits
Friday, 15 Sep 2017 05:36am EDT 

Sept 15 (Reuters) - Eldorado Gold Corp :Eldorado Gold receives further Olympias permits.Says ‍received approval of technical study for old Olympias mine closure and installation permit for paste plant at Olympias​.Says ‍at this time, remaining outstanding is issuance of amended electromechanical installation permit for Skouries Flotation Plant​.Says ‍remaining outstanding is issuance include other matters including, but not limited to, relocation of antiquities at Skouries Site​.Says upon receipt of required Skouries Permit, company will then be in a position to re-assess its investment options in greece​.  Full Article

Eldorado Gold receives arbitration notice from Greek government​
Thursday, 14 Sep 2017 07:33am EDT 

Sept 14 (Reuters) - Eldorado Gold Corp :Eldorado Gold receives arbitration notice from greek government.Eldorado - co's ‍Greek unit got formal notice from Greece's Ministry of Finance and Ministry of Environment and Energy initiating domestic arbitration​.Eldorado Gold - ‍arbitration notice alleges that technical study for Madem Lakkos Metallurgical Plant in Stratoni Valley, submitted in Dec 2014, is "deficient​".Eldorado Gold Corp - ‍arbitration is pursuant to provisions of contract between Greek State & Hellas Gold.Eldorado Gold - notice alleges technical study submitted in Dec 2014 is deficient; is in violation of transfer contract, environmental terms of project​.Eldorado Gold Corp - ‍"We will vigorously defend our rights and employ all legal means at our disposal"​.  Full Article

Eldorado Gold receives two permits in Greece
Wednesday, 13 Sep 2017 11:09am EDT 

Sept 13 (Reuters) - Eldorado Gold Corp :Eldorado Gold announces Greece update.Says ‍confirms it has received Olympias Operating Permit and modified electromechanical installation permit for Tailings Management Facility.Says ‍Olympias Operating Permit is valid for a period of three years from date of issue​.Says remaining outstanding is approval of technical study for old Olympias mine closure, installation permits for paste plants at Olympias​.Says another ‍remaining outstanding issue is amended electromechanical installation permit for Skouries Flotation Plant​.Says ‍company is also awaiting additional detail from Greek Government regarding pending arbitration process​.Says remaining outstanding issues also include other matters including, but not limited to, relocation of antiquities at Skouries Site​.Says upon receipt of required permits, supportive Government open to talks on use of available technologies, co will re-assess investment options in Greece​.Says Eldorado is "confident" that any potential arbitration will again demonstrate co's "adherence to all applicable laws and regulations"​.  Full Article

Eldorado reports Q2 earnings per share $0.02
Thursday, 27 Jul 2017 06:18pm EDT 

July 27 (Reuters) - Eldorado Gold Corp :Eldorado reports 2017 second quarter results.Q2 adjusted earnings per share $0.01.Q2 earnings per share $0.02.Q2 earnings per share view $0.01 -- Thomson Reuters I/B/E/S.Qtrly gold revenues of $72.2 million on sales of 57,206 ounces of gold at an average realized gold price of $1,262 per ounce.Eldorado Gold Corp - Qtrly ‍gold production of 63,692 ounces​.Qtrly cash operating costs averaged $484 per ounce; compared to 2017 guidance of $485-535 per ounce..Eldorado Gold Corp - In 2017 Eldorado expects to produce 290,000 - 340,000 ounces of gold.Eldorado Gold Corp - ‍Construction at Skouries continued, with production now targeted for 2020​.Eldorado Gold Corp says in 2017 Eldorado expects to produce 290,000 - 340,000 ounces of gold, including pre-commercial ounces from Olympias Phase II.Eldorado Gold Corp - 2017 cash costs are forecasted at $500 per ounce, with all-in sustaining cash costs expected to be approximately $900 per ounce.Based on current plans, expenditures for project development are being revised downwards to $225 million for 2017.Exploration expenditure guidance for 2017 remains at $35 million.Eldorado Gold Corp - ‍Sustaining capital for gold mining operations in 2017 is estimated to be approximately $70 million​.  Full Article

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 to freeze investments in Greece's Skouries project

Eldorado Gold said on Thursday it would freeze investments in its Skouries gold mine in Greece, taking a tough stand in its battle with the country's government.