Eldorado meets full-year production guidance, hires new COOEldorado preliminary 2019 Production reporting and changes now picked up by Seeking Alpha by Eldorado Gold meets full-year production guidance, hires new COO as reported By Carl Surran SA News editor.
Eldorado Gold (NYSE:EGO) says preliminary FY 2019 production of 395,331 oz. of gold met the company's guidance of 390K-420K oz., despite output at its largest mine falling short of its target.
EGO's Kisladag mine in Turkey produced 140K oz. in FY 2019, compared with 172K oz. in 2018, slightly below guidance due to a slower ramp up of crushing and stacking and longer than expected solution flows through the leach pad.
Preliminary Q4 company-wide gold production was 118,955 oz.
The company also says COO Paul Skayman is retiring, to be succeeded by former Goldcorp Latin America senior VP Joe Di ck.
https://seekingalpha.com/news/3531970-eldorado-gold-meets-full-year-production-guidance-hires-new-coo
Hmmmm...former Goldcorp Latin America senior VP (Potential JV partner for Skouries here?) Soon find out. Cheers to the patient!