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.

TSX:ELD - Post by User

Eldorado Gold Corp > 2021 Q2 Results Conference Call July 30, 2021 11:30 AM EST

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Comment by kkkrrron Jul 30, 2021 4:48am

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Post# 33630866

RE:RE:RE:RE:RE:RE:2021 Q2 Results Conference Call July 30, 2021 11:30 AM EST

"Q2 2021 adjusted EBITDA was $101.9 million (Q2 2020: $135.8 million, Q2 2020: $108.0 million). Material adjustments in Q2 2021 included a $99.5 million ($89.5 million net of deferred tax) impairment of the Tocantinzinho project, a non-core gold asset, as a result of a plan to consider selling the project."

...all good from operational side... Kisladaq-expansion nears the end , ramp at Lamaque is nearing completion too ... Ebidta is OK , loss comes from an impairment... selling Tocantinzinho is a good move , expected this years ago ... lets concentrate on Europe and North America

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