Eldorado Gold Corp T.ELD

Alternate Symbol(s): EGO

Metals & Mining Gold

Eldorado Gold Corporation is a gold and base metals mining, development, and exploration company. It has mining operations, ongoing development projects and exploration in Turkiye, Canada, and Greece. It operates four mines: Kisladag and Efemcukuru located in western Turkiye, the Lamaque Complex in Quebec, Canada, and Olympias, located in northern Greece. Kisladag, Efemcukuru and Lamaque are gold mines, while Olympias is a polymetallic operation producing three concentrates bearing gold, lead-silver and zinc. The Lamaque Complex is located in Val-d’Or, Quebec. It includes the Triangle Mine (Upper and Lower), the Ormaque Deposit, the Parallel Deposit, the Plug #4 Deposit, and the Sigma Mill. Efemcukuru is an underground operation located in Izmir Province in western Turkiye. Its other development project in its portfolio includes Perama Hill, a gold-silver project in Greece. Its Stratoni is an underground, silver-lead-zinc mine located in the Halkidiki Peninsula in northern Greece.

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Eldorado Gold Corp

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Post by bearishbull00on Oct 27, 2016 10:24pm

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Post# 25396391

ELD Q3

* Eldorado reports third quarter 2016 results

* Q3 earnings per share $0.03

* Q3 earnings per share view $0.03 -- Thomson Reuters I/B/E/S

* Q3 revenue $156 million

* Q3 revenue view $199.3 million -- Thomson Reuters I/B/E/S

* Qtrly gold production totaled 117,782 ounces

* Eldorado Gold Corp - 2016 guidance of 495,000 ounces of gold at all-in sustaining costs of $915 per ounce

* Sees 2016 guidance of 495,000 ounces of gold at all-in sustaining costs of $915 per ounce

* Qtrly average cash costs of $566 per ounce; all-in sustaining cash costs averaged $890 per ounce

* Eldorado Gold -Capital spending is forecast to be $80.0 million in sustaining capital and $230.0 million in new project development capital for 2016

* Eldorado Gold - Ounce production, sustaining capital spending,development capital spending forecasts reduced due to sale of chinese assets Source text for Eikon: Further company coverage:

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