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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 

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 

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 

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 announces amended investment plans in Greece
Monday, 11 Sep 2017 

Sept 11 (Reuters) - Eldorado Gold Corp :Eldorado Gold announces amended investment plans in Greece.Announces plans to suspend investment at its operating mines, development projects and exploration assets in Greece.Eldorado & its board have decided no additional investment will be made into Kassandra mines.Co estimates a total of US$30 million will be spent to prepare for care and maintenance activities..Company is also awaiting additional detail from Greek government regarding pending arbitration process.Delays continue in issuing routine permits and licences for construction and development of Skouries and Olympias projects in northern Greece.  Full Article

Eldorado Gold reports fatality at its Skouries project
Tuesday, 29 Aug 2017 

Aug 29 (Reuters) - Eldorado Gold Corp ::Eldorado Gold reports fatality at its Skouries project.On morning of August 28, contractor employee was struck by a branch from a falling tree resulting in fatal injuries​.‍An investigation regarding fatality is underway​.  Full Article

Eldorado announces new exploration projects in Romania, Serbia, Brazil
Monday, 22 Aug 2016 

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 

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 

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

Eldorado Gold Q1 revenue $ 164.1 million
Wednesday, 11 May 2016 

Eldorado Gold Corp : Qtrly gold production 140,989 ounces versus 189,414 ounces last year . Qtrly all-in sustaining cash costs averaged of $886 per ounce versus $729 per ounce last year . Eldorado gold corp qtrly gold revenues were $160.0 million on sales of 133,467 ounces of gold . Remain on track to achieve guidance for year . Fy2016 earnings per share view $0.00, revenue view $757.2 million -- Thomson Reuters I/B/E/S . Q1 revenue $ 164.1 million versus $238.3 million . Eldorado reports first quarter 2016 results . Q1 adjusted earnings per share $0.00 .Q1 earnings per share view $-0.01 -- Thomson Reuters I/B/E/S.  Full Article

Eldorado Gold Corp suspends semi-annual dividend
Wednesday, 23 Mar 2016 

Eldorado Gold Corp:Says suspending cash payment of its semi-annual dividend payment effective the first quarter of 2016.  Full Article

UPDATE 1-Eldorado to freeze investments in Greece's Skouries project

Nov 9 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.