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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 May 05, 2020 10:39am
75 Views
Post# 30987532

COMMODITIES: Gold Trading Lower as Stocks, Dollar, Rise

COMMODITIES: Gold Trading Lower as Stocks, Dollar, Rise

(Ironic how Gold now at US$1699 to 1700 is now considered as 'low') Analysts will use any excuse in they can to try and make sense out of chaos and unchartered behavior...

COMMODITIES: Gold Trading Lower as Stocks, Dollar, Rise

09:11 AM EDT, 05/05/2020 (MT Newswires) -- Gold prices fell early on Tuesday as investors looked to add risk, pushing stocks higher and cutting their interest in the metal as a safe haven.

Gold for June delivery was last seen down US$10.10 to US$1,703.20 per ounce in Comex electronic trade.

Stock markets in Asia and Europe were mostly higher on Tuesday, with futures pointing to a higher open on U.S. markets, steering money to risky assets and away from gold.

Equities have rebounded from last month's lows as more countries ease pandemic quarantine measures, convincing investors that demand for goods and services is beginning to recover.

As well, the U.S dollar rose, making the metal more expensive for international buyers. The ICE dollar index was last seen up 0.32 points to 99.81.


Bullboard Posts