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Eldorado Gold Corp T.ELD

Alternate Symbol(s):  EGO

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.


TSX:ELD - Post by User

Bullboard Posts
Post by CatamaranFundon Apr 15, 2020 12:33am
172 Views
Post# 30910303

Surging gold raises expectations as miners' earnings loom

Surging gold raises expectations as miners' earnings loomBNN Bloomberg's Andrew Bell shares video podcast and article on what to expect as Q1 earnings reporting begins for many Gold miners toward end of this month;
 
"When gold miners start reporting first-quarter result later this month, low bullion prices are one thing they can't beef about.
 
Canaccord Genuity reckons the period saw the best quarterly gold price in seven years, with the precious metal averaging US$1,582 per ounce, up 21 per cent year-over-year.
 
And bullish news on the price front has continued as governments around the world launch lavish spending programs to keep their economies alive amid the COVID-19 pandemic. Gold futures for June delivery hit US$1,785 per ounce Tuesday, the highest since Oct. 2012."
Bullboard Posts