Eldorado Gold says full-year production guidance unchanged

Oct. 16, 2019 6:42 PM ETEldorado Gold Corporation (EGO), ELD:CAEGOBy: Carl Surran, SA News Editor4 Comments
  • Eldorado Gold (NYSE:EGO) reports Q3 gold production jumped 20% Y/Y to 101.6K oz., totaling 276.3K oz. YTD, while maintaining FY 2019 guidance.
  • EGO says test results from its Kisladag mine in Turkey confirm that recoveries from leaching deeper material over 250-day cycles support an extension of mine life beyond the company's current three-year guidance; Kisladag's Q3 output rose 5% Y/Y to 35.9K oz.
  • Q3 production at the Olympias mine in Greece was lower than planned, declining 38% Y/Y to 7.9K oz., and EGO says measures to increase volumes were continued in key areas of the operation and will support the ramp up towards 2020 and beyond.

Recommended For You

Comments (4)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.