Eldorado Gold plunges after flagging higher costs at Skouries project

Feb. 23, 2024 11:01 AM ETEldorado Gold Corporation (EGO) Stock, ELD:CA StockBy: Carl Surran, SA News Editor2 Comments
Pure gold from the mine that was unearthed was placed on the black sand.

Oat_Phawat/iStock via Getty Images

Eldorado Gold (NYSE:EGO) -9.4% in Friday's trading after raising its planned capital spending to complete construction of the Skouries mining project in Greece by 9% to $920M from its previous $845M estimate, and slightly delaying its outlook for first production to Q3

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