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Eldorado Gold Corp T.ELD

Alternate Symbol(s):  EGO

Eldorado Gold Corporation is a Canada-based gold and base metals producer with mining, development and exploration operations in Turkiye, Canada, Greece and Romania. The Company’s operations include Lamaque, Olympias, Efemcukuru and Kisladag. The Lamaque is an underground gold mine in Val-d’Or, Quebec. The Olympias operation is a gold-silver-lead-zinc mine located in the Halkidiki Peninsula in northern Greece. Efemcukuru is an underground operation located in Izmir Province in western Turkiye. Kisladag is located in Usak Province in western Turkiye. Its Skouries project is a world-class asset located on the Halkidiki Peninsula in northern Greece. The Certej project is a non-core gold asset in Romania. Its other operations include Perama Hill and Stratoni. Stratoni is an underground, silver-lead-zinc mine located in the Halkidiki Peninsula in northern Greece. Perama Hill is an epithermal gold-silver deposit located in the Thrace region of northern Greece.


TSX:ELD - Post by User

Bullboard Posts
Post by pwig01on Apr 04, 2018 4:10pm
186 Views
Post# 27831638

Still a ways to go...

Still a ways to go...
From Reuters update 4-April:

The panel’s decision does not guarantee that Skouries will get the permits required for development, said Haywood Securities analyst Kerry Smith. Greek courts have ruled in the company’s favor several times, but the mining ministry then stalled permit approvals, he said.

“There’s still a lot more that has to happen before Eldorado would be in a position to say it feels comfortable going ahead and committing to spending the (approximate) $700 million to build Skouries,” he said, noting the company has already spent some $435 million on Skouries since 2012.

 - not time to crack the ouzo yet, but a step in the right direction?

Bullboard Posts