| | Published : July 31st, 2009 | Q2, 2009 Financial and Operating Results - 2009 Production and Cost Guidance Remains Intact - Earnin |
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Re: News Release - Thursday, July 30, 2009 Title: Q2, 2009 Financial and Operating Results - 2009 Production and Cost Guidance Remains Intact - Earnings $0.07 per share
(all figures in United States dollars, unless otherwise noted)
VANCOUVER, BC - Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation, ("Eldorado" or the "Company") is pleased to report on the Company's financial and operational results for the second quarter ended June 30, 2009. The Company reported net income of $25.9 million or $0.07 per share and cash flow from operations of $36.7 million or $0.10 per share for the second quarter ended June 30, 2009.
"This was a very strong quarter for us", commented Paul N. Wright, President and Chief Executive Officer of Eldorado. "We are pleased with the performance of our mines, our total production increased by close to 38% over production in the first quarter of 2009. We're also proud to have robust margins and remain one of the lowest cost pure gold producers in the industry. These results keep us on track with our forecasted 2009 total production of approximately 330,000 ounces at a cash operating cost of $300 per ounce. Other highlights of the quarter also underline our strong position: our cash balances have more than doubled since year-end, and with our recent investment in Sino Gold we will continue to focus on our strategy of regional growth."
Q2 2009 Highlights
- Produced 84,572 ounces of gold at our Tanjianshan and Kisladag mines at an average cash operating cost of $300 per ounce;
- Sold 86,453 ounces of gold at a realized average price of $927 per ounce;
- Reported earnings of $0.07 per share and cash flow of $0.10 per share;
- Reported $135.7 million cash;
- Completed the successful commissioning of the sulphide ore processing facility at Tanjianshan;
- Entered into an agreement with Gold Fields to acquire 57.9 million shares of Sino Gold Mining, which subsequently closed July 27, 2009.
Financial Results
Eldorado's consolidated net income for the second quarter of 2009 was $25.9 million or $0.07 per share, compared with $25.2 million or $0.07 per share in the second quarter of 2008. Over the quarter, we sold 86,453 ounces of gold at an average price of $927 per ounce, compared to 88,610 ounces at an average price of $904 per ounce in the second quarter of 2008. Lower sales volumes in the second quarter of 2009 as compared to 2008 were offset by higher unit prices.
Operating Performance Kisladag During the quarter, we placed 2,428,611 tonnes of ore on the leach pad at an average grade of 1.18 grams of gold per tonne. We produced 62,985 ounces of gold at a cash cost of $269 per ounce, up from production of 46,192 ounces of gold in the first quarter of 2009. Production improved compared to the first quarter as weather conditions returned to more normal patterns.
Tanjianshan We produced 21,587 ounces of gold at a cash cost of $390 per ounce in the second quarter, up from 15,234 ounces in the first quarter. We declared commercial production from the roaster at the start of the quarter and gold recovery continues to increase through the flotation and roaster circuits. July production is expected to be approximately 10,500 ounces, reflecting the continued improved performance of the entire circuit. During the quarter, we invested $2.2 million in capital expenditures, primarily relating to constructing and commissioning the roaster. Production guidance for our Tanjianshan mine remains intact at 95,000-100,000 ounces in 2009.
Development Efemcukuru We continued infill drilling of the north ore shoot, with drilling results showing good continuity of the mineralized zone along-strike and down-dip. Drilling will continue through the 3rd quarter and will be incorporated in an updated reserve and mine plan to be completed prior to year end. Mine construction, engineering and procurement activities continues to progress satisfactorily.
Vila Nova Iron Ore We successfully completed the construction and initial commissioning of the process circuit at Vila Nova. Given the recent weakness in global demand for iron ore we have put the project on care and maintenance status until demand for iron ore increases and prices recover.
Perama Hill At our Perama Hill project in Greece, we held meetings with local and regional officials during the quarter to discuss the project. We continued work on the preliminary environmental impact assessment, which we will submit to Greek authorities in the third quarter 2009. Finally, we are preparing the National Instrument 43-101 report, which we also plan to file in the third quarter of the year.
Tocantinzinho At our Tocantinzinho project in Brazil, we began scoping engineering studies to support the permitting effort and to help in the economic evaluation of the project. We also initiated an additional round of metallurgical testwork. In total, we spent $2.4 million at Tocantinzinho during the quarter.
Exploration Turkey We continued our reconnaissance work on the Sayacik project, which included a property-wide induced polarization geophysical survey and a drilling program. At Efemcukuru, we drilled 17 holes totalling 4,358 meters that continued to define the zone of mineralization along the northwest portion of the deposit and the area between the middle ore shoot and the north ore shoot. At Kisladag, we completed eight Diamond drill holes totaling 5,568 meters designed to upgrade inferred resources lying below the design pit outline.
Brazil Exploration in Brazil included the drilling of 20 holes totalling 6,681 meters at the Tocantinzinho project.
China At Tanjianshan, we drilled 216 shallow holes as part of our rotary air blast drilling program designed to test for extensions of Qinlongtan mineralization. The results are outlining a zone anomalous in gold and arsenic that extends southward from Qinlongtan.
Corporate Activities Agreement with Gold Fields to acquire Sino Gold shares Effective June 3, 2009, we entered into an agreement with Gold Fields to acquire 57.9 million shares of Sino Gold Mining (representing 19.83% of Sino Golds issued and outstanding shares), in exchange for 27.8 million Eldorado shares. The acquisition closed on July 27, 2009.
Disposal of interest in the Macusani East Uranium project Effective June 1, 2009, we sold our interest in the Macusani East Uranium exploration project to Solex Resources. Following the completion of the transaction, Eldorado holds directly 13,820,487 Solex common shares representing 19.9% of the issued and outstanding Solex shares.
Eldorado is a gold producing, exploration and development company actively growing businesses in Brazil China, Greece, and Turkey and surrounding regions. We are one of the lowest cost pure gold producers. With our international expertise in mining, finance and project development, together with highly skilled and dedicated staff, we believe that Eldorado is well positioned to grow in value as we create and pursue new opportunities.
ON BEHALF OF ELDORADO GOLD CORPORATION
"Paul N. Wright"
Paul N. Wright President and Chief Executive Officer
Eldorado will host a conference call Friday July 31, 2009 to discuss the 2009 Second Quarter Financial Results at 11:30 a.m. EDT (8:30 a.m. PDT). You may participate in the conference call by dialling 416-340-2216 in Toronto or 1-866-226-1792 toll free in North America and asking for the Eldorado Conference Call with Chairperson: Paul Wright, President and CEO of Eldorado Gold. The call will be available on Eldorado's website www.eldoradogold.com. A replay of the call will be available until August 7, 2009 by dialling 416-695-5800 in Toronto or 1-800-408-3053 toll free in North America and entering the Pass code 1164000.
Certain of the statements made herein may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995, and forward looking statements or information within the meaning of the Securities Act (Ontario). Such forward looking statements or information include, but are not limited to statements or information with respect to unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements or information are subject to a variety of risks and uncertainties, which could cause actual events, or results to differ from those reflected in the forward-looking statements or information. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward looking statements. Specific reference is made to "Forward Looking Statements and Risk Factors" in the Company's Annual Information Form and Form 40-F dated March 31, 2009. Forward-looking statements herein include statements regarding the expectations and beliefs of management. Such factors included, amongst others the following: gold price volatility; impact of any hedging activities, including margin limits and margin calls; discrepancies between actual and estimated production, between actual and estimated reserves, and between actual and estimated metallurgical recoveries; mining operational risk; risks from litigation; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign investment; speculative nature of gold exploration; dilution; competition; loss of key employees; additional funding requirements; and defective title to mineral claims or property, as well as those factors discussed in the section entitled "Risk Factors" in the Company's Annual Information Form and Form 40-F dated March 31, 2009. We do not expect to update forward-looking statements continually as conditions change and you are referred to the full discussion of the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada and the U.S.
Eldorado Gold Corporation's common shares trade on the Toronto Stock Exchange (TSX: ELD) and the NYSE-Amex US (NYSE-A: EGO).
Contact: Nancy Woo, VP Investor Relations Eldorado Gold Corporation Phone: 604.601-6650 or 1.888.353.8166 Fax :604.687.4026 Email: nancyw@eldoradogold.com
1188, 550 Burrard Street Vancouver, BC V6C 2B5 Website www.eldoradogold.com Request for information packages:laurelw@eldoradogold.com
PRODUCTION HIGHLIGHTS
|
First Quarter 2009 |
Second Quarter 2009 |
Second Quarter 2008 |
First Six Months 2009 |
First Six Months 2008 |
Gold Production |
|
|
|
|
|
Ounces Produced |
61,426 |
84,572 |
87,380 |
145,998 |
154,614 |
Cash Operating Cost ($/oz)1,4 |
296 |
300 |
229 |
298 |
222 |
Total Cash Cost ($/oz)2,4 |
315 |
322 |
259 |
319 |
263 |
Total Production Cost ($/oz)3,4 |
375 |
387 |
293 |
382 |
337 |
Realized Price ($/oz - sold) |
909 |
927 |
904 |
920 |
917 |
Kisladag Mine, Turkey |
|
|
|
|
|
Ounces Produced |
46,192 |
62,985 |
55,490 |
109,177 |
82,718 |
Tonnes to Pad |
2,084,714 |
2,428,611 |
2,092,957 |
4,513,325 |
2,622,437 |
Grade (grams / tonne) |
1.34 |
1.18 |
1.47 |
1.26 |
1.41 |
Cash Operating Cost ($/oz)4 |
274 |
269 |
230 |
271 |
225 |
Total Cash Cost ($/oz)2,4 |
276 |
271 |
232 |
273 |
228 |
Total Production Cost ($/oz)3,4 |
315 |
309 |
273 |
312 |
264 |
Tanjianshan Mine, China |
|
|
|
|
|
Ounces Produced |
15,234 |
21,587 |
31,890 |
36,821 |
71,896 |
Tonnes Milled |
228,066 |
231,874 |
193,035 |
459,940 |
416,430 |
Grade (grams / tonne) |
3.97 |
5.63 |
6.04 |
4.81 |
6.46 |
Cash Operating Cost ($/oz)4 |
362 |
390 |
229 |
378 |
219 |
Total Cash Cost ($/oz)2,4 |
432 |
470 |
305 |
454 |
303 |
Total Production Cost ($/oz)3,4 |
557 |
616 |
327 |
591 |
420 | 1 Cost figures calculated in accordance with the Gold Institute Standard. 2 Cash Operating Costs, plus royalties and the cost of off-site administration. 3 Total Cash Costs, plus foreign exchange gain or loss, depreciation, amortization and reclamation expenses. 4 Cash operating, total cash and total production costs are non-GAAP measures. See the section "Non-GAAP Measures" of this MD&A.
Eldorado Gold Corporation Unaudited Consolidated Balance Sheets
(Expressed in thousands of U.S. dollars)
|
June 30, |
December 31, |
2009 |
2008 |
$ |
$ |
Assets |
|
|
|
|
|
Current assets |
|
|
Cash and cash equivalents |
135,720 |
61,851 |
Restricted cash (note 4) |
5,500 |
- |
Marketable securities |
14,154 |
43,610 |
Accounts receivable and other |
18,210 |
36,109 |
Inventories |
104,235 |
86,966 |
Future income taxes |
- |
175 |
|
277,819 |
228,711 |
Restricted assets and other |
8,257 |
8,349 |
Mining interests |
691,316 |
668,309 |
|
977,392 |
905,369 |
|
|
|
Liabilities |
|
|
|
|
|
Current liabilities |
|
|
Accounts payable and accrued liabilities |
43,972 |
42,659 |
Debt |
5,121 |
139 |
Future income taxes |
1,590 |
1,097 |
|
50,683 |
43,895 |
Asset retirement obligations |
4,957 |
4,812 |
Future income taxes |
59,822 |
60,043 |
|
115,462 |
108,750 |
|
|
|
Non-controlling interest |
5,814 |
4,799 |
|
|
|
Shareholders Equity |
|
|
|
|
|
Share capital (note 6(a)) |
951,255 |
931,933 |
Contributed surplus (note 6(b)) |
18,901 |
19,378 |
Accumulated other comprehensive income (loss) (note 6(c)) |
519 |
(5,971) |
Deficit |
(114,559) |
(153,520) |
|
856,116 |
791,820 |
|
977,392 |
905,369 |
|
|
|
Subsequent event (note 8) |
|
|
|
|
|
Eldorado Gold Corporation Unaudited Consolidated Statements of Operations and Deficit For the periods ended June 30,
(Expressed in thousands of U.S. dollars except per share amounts)
|
Three months ended |
Six months ended |
|
2009 |
|
2008 |
2009 |
|
2008 |
$ |
$ |
$ |
$ |
Revenue |
|
|
|
|
|
|
Gold sales |
80,147 |
|
80,059 |
132,353 |
|
148,734 |
Interest and other income |
391 |
|
2,469 |
587 |
|
6,313 |
|
80,538 |
|
82,528 |
132,940 |
|
155,047 |
|
|
|
|
|
|
|
Expenses |
|
|
|
|
|
|
Operating costs |
28,502 |
|
22,977 |
46,944 |
|
42,796 |
Depletion, depreciation and amortization |
6,538 |
|
3,512 |
10,998 |
|
12,336 |
General and administrative |
7,897 |
|
9,937 |
16,659 |
|
19,731 |
Exploration |
3,374 |
|
2,672 |
5,436 |
|
4,863 |
Mine standby costs |
936 |
|
- |
936 |
|
2,433 |
Asset retirement obligation costs |
78 |
|
133 |
131 |
|
266 |
Foreign exchange (gain) loss |
1,962 |
|
(1,686) |
(1,127) |
|
(832) |
|
49,287 |
|
37,545 |
79,977 |
|
81,593 |
|
|
|
|
|
|
|
Gain on disposal of assets (note 3) |
(1,463) |
|
- |
(1,463) |
|
- |
Gain on marketable securities |
(1,083) |
|
- |
(119) |
|
(24) |
Interest and financing costs |
77 |
|
842 |
158 |
|
1,870 |
Loss on derivative contract |
- |
|
739 |
- |
|
1,478 |
|
46,818 |
|
39,126 |
78,553 |
|
84,917 |
Income before income taxes and non-controlling interest |
33,720 |
|
43,402 |
54,387 |
|
70,130 |
|
|
|
|
|
|
|
Income tax (expense) recovery |
|
|
|
|
|
|
Current |
(7,636) |
|
(8,397) |
(13,653) |
|
(14,079) |
Future |
469 |
|
(4,843) |
(758) |
|
(5,152) |
|
(7,167) |
|
(13,240) |
(14,411) |
|
(19,231) |
|
|
|
|
|
|
|
Non-controlling interest |
(653) |
|
(5,007) |
(1,015) |
|
(5,007) |
|
|
|
|
|
|
|
Net income for the period |
25,900 |
|
25,155 |
38,961 |
|
45,892 |
|
|
|
|
|
|
|
Deficit, beginning of period |
(140,459) |
|
(296,439) |
(153,520) |
|
(317,176) |
|
|
|
|
|
|
|
Deficit, end of period |
(114,559) |
|
(271,284) |
(114,559) |
|
(271,284) |
|
|
|
|
|
|
|
Weighted average number of shares outstanding |
|
|
|
|
|
|
Basic |
371,118 |
|
345,051 |
370,494 |
|
344,827 |
Diluted |
371,964 |
|
346,822 |
371,868 |
|
346,230 |
|
|
|
|
|
|
|
Earnings per share |
|
|
|
|
|
|
Basic income per share - US$ |
0.07 |
|
0.07 |
0.11 |
|
0.13 |
Diluted income per share - US$ |
0.07 |
|
0.07 |
0.10 |
|
0.13 |
Eldorado Gold Corporation Unaudited Consolidated Statements of Cash Flows For the periods ended June 30,
(Expressed in thousands of U.S. dollars, unless otherwise stated)
|
Three months ended |
Six months ended |
|
2009 |
|
2008 |
2009 |
|
2008 |
$ |
$ |
$ |
$ |
Cash flows generated from (used in): |
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating activities |
|
|
|
|
|
|
Net income for the period |
25,900 |
|
25,155 |
38,961 |
|
45,892 |
Items not affecting cash |
|
|
|
|
|
|
Asset retirement obligations costs |
78 |
|
133 |
131 |
|
266 |
Depletion, depreciation and amortization |
6,538 |
|
3,512 |
10,998 |
|
12,336 |
Unrealized foreign exchange (gain) loss |
2,257 |
|
- |
(426) |
|
418 |
Future income taxes expense (recovery) |
(469) |
|
4,843 |
758 |
|
5,152 |
Gain on disposal of assets |
(1,463) |
|
- |
(1,463) |
|
- |
Gain on marketable securities |
(1,083) |
|
- |
(119) |
|
(24) |
Imputed interest and financing costs |
- |
|
9 |
- |
|
19 |
Stock-based compensation |
2,721 |
|
2,961 |
5,801 |
|
7,843 |
Pension expense (note 5) |
605 |
|
- |
803 |
|
- |
Non-controlling interest |
653 |
|
5,007 |
1,015 |
|
5,007 |
Loss on derivative contract |
- |
|
739 |
- |
|
1,478 |
|
35,737 |
|
42,359 |
56,459 |
|
78,387 |
Bonus cash award units payments |
(484) |
|
- |
(2,543) |
|
- |
Property reclamation payments |
- |
|
(745) |
- |
|
(1,397) |
Contractual severance payments |
- |
|
(28) |
- |
|
(259) |
Changes in non-cash working capital (note 9) |
1,448 |
|
(2,255) |
8,658 |
|
9,643 |
|
36,701 |
|
39,331 |
62,574 |
|
86,374 |
|
|
|
|
|
|
|
Investing activities |
|
|
|
|
|
|
Mining interests |
|
|
|
|
|
|
Capital expenditures |
(19,823) |
|
(27,052) |
(38,852) |
|
(39,766) |
Sales and disposals |
35 |
|
219 |
35 |
|
440 |
Marketable securities |
|
|
|
|
|
|
Purchases |
- |
|
(651) |
- |
|
(2,443) |
Disposals |
5,931 |
|
- |
36,388 |
|
263 |
Pension plan contributions |
(97) |
|
- |
(1,856) |
|
- |
Restricted cash and other restricted assets |
2,520 |
|
11,010 |
(3,005) |
|
5,710 |
|
(11,434) |
|
(16,474) |
(7,290) |
|
(35,796) |
|
|
|
|
|
|
|
Financing activities |
|
|
|
|
|
|
Capital stock |
|
|
|
|
|
|
Issuance of common shares for cash |
2,493 |
|
4,050 |
13,603 |
|
5,263 |
Long-term and bank debt |
|
|
|
|
|
|
Proceeds |
6 |
|
- |
4,982 |
|
5,000 |
Repayments |
- |
|
(10,479) |
- |
|
(10,479) |
|
2,499 |
|
(6,429) |
18,585 |
|
(216) |
Net increase in cash and cash equivalents |
27,766 |
|
16,428 |
73,869 |
|
50,362 |
Cash and cash equivalents - beginning of period |
107,954 |
|
79,948 |
61,851 |
|
46,014 |
Cash and cash equivalents - end of period |
135,720 |
|
96,376 |
135,720 |
|
96,376 |
|
|
|
|
|
|
|
Supplementary cash flow information (note 7) |
|
|
|
|
|
|
Eldorado Gold Corporation Unaudited Consolidated Statements of Comprehensive Income For the periods ended June 30,
(Expressed in thousands of U.S. dollars, unless otherwise stated)
|
Three months ended |
Six months ended |
2009 |
|
2008 |
2009 |
|
2008 |
$ |
|
$ |
$ |
|
$ |
|
|
|
|
|
|
Net earnings for the period ended June 30, |
25,900 |
|
25,155 |
38,961 |
|
45,892 |
|
|
|
|
|
|
|
Other comprehensive income (loss) |
|
|
|
|
|
|
Unrealized gains on available-for-sale investment (note 6(c)) |
3,246 |
|
2,083 |
5,559 |
|
1,623 |
Realized gains (losses) on available-for-sale investments (note 6(c)) |
1,200 |
|
- |
1,200 |
|
(61) |
FIT on unrealized gains on available-for-sale investment (note 6(c)) |
(269) |
|
- |
(269) |
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Comprehensive income for the period ended June 30, |
30,077 |
|
27,238 |
45,451 |
|
47,454 |
|
|
|
|
|
|
|
View Second Quarter Report Ended June 30, 2009: 2009 Second Quarter Report Ended June 30, 2009
View News Release in PDF Format: http://www.eldoradogold.com/i/pdf/09-17.pdf
Copyright � 2009 ELDORADO GOLD CORP. (ELD) All rights reserved. For more information visit our website at http://www.eldoradogold.com/ or send email to info@eldoradogold.com .. Message sent on Thu Jul 30, 2009 at 4:28:30 PM Pacific Time
<
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
CODE : ELD.TO |
ISIN : CA2849021035 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Eldorado Gold is a gold producing company based in Canada. Eldorado Gold produces gold, iron in Brazil, in China, in Mexico and in Turkey, develops gold and silver in China and in Greece, and holds various exploration projects in Brazil and in China. Its main assets in production are KISLADAG and EFEMÇUKURU in Turkey, LA TRINIDAD - ELDORADO in Mexico, TANJIANSHAN, JINFENG, JIANCHALING, WHITE MOUNTAIN and BEYINHAR in China and VILA NOVA in Brazil, its main assets in development are EASTERN DRAGON in China and PERAMA HILL in Greece and its main exploration properties are HEI-SHAN (SHANDONG) and ZHANGJIASHAN in China and TOCANTINZINHO in Brazil. Eldorado Gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is 1.1 billions as of today (US$ 821.7 millions, € 739.1 millions). Its stock quote reached its lowest recent point on August 03, 2001 at 0.21, and its highest recent level on September 19, 2024 at 23.48. Eldorado Gold has 47 442 200 shares outstanding. |
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7/25/2016 | Gold Analysts Duel Over Yamana and Eldorado |
7/21/2016 | Coverage Initiated on Canadian Gold Miners Barrick Gold, Kin... |
2/2/2016 | Integra Gold Corp. Signs Share Purchase Agreement With Eldor... |
2/1/2016 | Eldorado Gold: The Worst-Performing Gold Miner in January |
1/26/2016 | Negative Free Cash Flow Isn’t That Bad for Some Gold Miners |
1/25/2016 | UPDATE 1-Eldorado sees up to $1.6 bln charge from Greece wri... |
1/25/2016 | Eldorado sees charge of as much as $1.6 bln from Greece writ... |
1/25/2016 | Eldorado Announces Preliminary 2015 Operational Results and ... |
1/21/2016 | How Do Intermediate Gold Miners Rank Based on Their Costs? |
1/20/2016 | Eldorado Gold wins appeal over Greek mining ban |
1/20/2016 | Greek court annuls government ban on Eldorado's mining licen... |
1/12/2016 | What Is Going On With These 4 Plunging Stocks? |
11/23/2015 | Is China Biologic Products Inc (CBPO) A Good Stock To Buy? |
11/6/2015 | Weighing Liquidity against Leverage for Intermediate Gold Mi... |
11/3/2015 | Greece says will respect court ruling due on Eldorado's mini... |
11/3/2015 | Eldorado Gold Corporation - Greece Update |
11/3/2015 | Greece says will respect court ruling due on Eldorado's mini... |
11/2/2015 | Greek judges annul government ban on Eldorado's mining licen... |
11/2/2015 | Greek court annuls govt decision to suspend Eldorado's minin... |
10/30/2015 | Edited Transcript of ELD.TO earnings conference call or pres... |
10/30/2015 | Why Growth in Gold Production Is Important for Gold Miners |
10/30/2015 | Eldorado Gold reports 3Q loss |
10/30/2015 | Eldorado Reports 2015 Third Quarter Financial and Operationa... |
10/29/2015 | Weighing Liquidity against Leverage for Intermediate Gold Mi... |
10/23/2015 | Eldorado Gold Corporation - Q3 2015 Financial and Operationa... |
10/19/2015 | Is there more gold in Eldorado? |
10/5/2015 | Eldorado Gold Provides Greece Update |
10/2/2015 | Eldorado Gold Announces Q3 2015 Financial and Operational Re... |
10/2/2015 | Greek court rules Eldorado Gold can resume mining in norther... |
9/22/2015 | Eldorado Gold says "quietly optimistic" about new Greek govt... |
9/1/2015 | Greece Halts Eldorado Gold’s Mining Activity |
8/31/2015 | Integra Gold Closes $14.6 Million Private Placement With Eld... |
8/20/2015 | Eldorado Gold to suspend operations in northern Greece |
8/20/2015 | Eldorado Gold Provides Greece Update |
8/18/2015 | Integra Gold Announces $14.6 Million Investment by Eldorado ... |
8/13/2015 | Eldorado Gold Provides Greece Update |
7/31/2015 | Edited Transcript of ELD.TO earnings conference call or pres... |
7/30/2015 | Eldorado Reports 2015 Second Quarter Financial and Operation... |
7/30/2015 | Q2 2015 Financial and Operational Results Release Date and C... |
7/29/2015 | Is a Surprise Coming for Eldorado Gold (EGO) This Earnings S... |
7/27/2015 | Strike Gold With These 3 Gold Miners - Earnings ESP |
7/9/2015 | Q2 2015 Financial and Operational Results Release Date and C... |
4/24/2015 | Lower Profits, Output on Tap for Barrick, Goldcorp -- Earnin... |
4/15/2015 | Q1 2015 Financial and Operational Results Release Date and C... |
3/31/2015 | PRESS DIGEST- Canada - March 31 |
3/3/2015 | Eldorado Gold - Greece Update |
3/2/2015 | Canada Stocks to Watch: BlackBerry, Eldorado, Transition The... |
3/2/2015 | Eldorado Gold says Greece has revoked key Skouries approval |
3/2/2015 | Eldorado Gold - Greece Update |
2/20/2015 | Canada Stocks to Watch: Bombardier, Enbridge, Fairfax, Eldor... |
1/21/2015 | Canada Stocks to Watch: Husky, Eldorado, Celestica, Richmont... |
2/21/2014 | Reports 2013 YE and Q4 Financial and Operational Results |
10/9/2013 | Announces Third Quarter 2013 Financial and Operating Results... |
7/2/2013 | Announces Second Quarter 2013 Financial and Operating Result... |
4/17/2013 | Announces Renewal of Normal Course Issuer Bid |
4/9/2013 | Announces First Quarter 2013 Financial and Operating Results... |
3/15/2013 | Announces Increase to Its Normal Course Issuer Bid |
1/24/2013 | Announces Year End 2012 Financial Results Release Date and C... |
1/9/2013 | 2012 Operating Results and 2013 Operating Guidance |
12/10/2012 | Announces Pricing of $600 Million Senior Notes Offering |
11/12/2012 | Announces Launch of US$500 Million Senior Notes Offering |
10/25/2012 | New Drilling Results and Mineral Resource Update for Certej ... |
9/25/2012 | Exploration Update |
9/14/2012 | Confirms Certej Permit Granted in Full Compliance With Roman... |
7/24/2012 | Council of State Revokes Suspension Order in Greece |
7/4/2012 | Court Decision Provisionally Suspends Tree Cutting in Halkid... |
6/22/2012 | Announces Senior Management Promotions |
6/21/2012 | Announces 2012 Second Quarter Financial and Operating Result... |
5/30/2012 | to De-List From Australian Securities Exchange |
4/5/2012 | Announces Normal Course Issuer Bid |
3/22/2012 | Greece Activity Update |
2/23/2012 | and European Goldfields Limited Announce Court Approval for ... |
2/21/2012 | European Goldfields Limited and Eldorado Gold Corporation An... |
2/7/2012 | and European Goldfields Limited Announce Recommendation By L... |
12/19/2011 | to Acquire European Goldfields and Create the Leading Growth... |
10/7/2011 | Announces Exploration Programs Update |
9/29/2011 | Announces 2011 Third Quarter Financial and Operating Release... |
6/20/2011 | Announces 2011 Second Quarter Financial Results Release Date... |
4/8/2011 | Acquires Units of Serabi Mining plc |
3/29/2011 | Announces Normal Course Issuer Bid |
1/31/2011 | Dividend Payment of CDN $0.05 per share |
6/17/2010 | Exploration Programs Update |
5/12/2010 | Friendly Transaction With Brazauro Resources Corporation By ... |
1/28/2010 | Mineral Resources and Reserves |
9/14/2009 | And Sino Gold Satisfaction Of Due Diligence Conditions |
8/13/2009 | New Gold Zone Identified at Tanjianshan |
7/28/2009 | Closes Acquisition Of Stake In Sino Gold |
7/21/2009 | Files Final Short Form Prospectus to Qualify Shares Issued i... |
7/16/2009 | Disposes Of Non-Core Asset |
7/15/2009 | Amends Agreement to Acquire Gold Field's Stake in Sino Gold |
6/6/2009 | Acquires Gold Field's Stake in Sino Gold |
2/24/2009 | Announces Public Offering of Common Shares |
1/30/2009 | Efem=E7ukuru Receives Positive High Court Decision |
1/22/2009 | 2008 Year End Update and 2009 Guidance Record Performance in... |
10/1/2008 | Exploration Update |
9/9/2008 | announces successful repatriation of funds from China |
9/3/2008 | Perama Update |
8/5/2008 | Acquires Shares of Brazauro |
7/30/2008 | Acquires Units Of Brazauro |
7/17/2008 | Increases Stake In Frontier To Over 95% |
7/9/2008 | Brazauro And Eldorado To Partner On The Tocantinzinho Projec... |
7/3/2008 | Bid for Frontier Successful |
6/20/2008 | Issues Notice Of Variation And Extension - Offer Extended To... |
6/18/2008 | And Frontier Reach Agreement On Acquisition - Eldorado'S Off... |
6/16/2008 | Confirms Best And Final Offer For Frontier Will Expire On Ju... |
6/4/2008 | Offer To Frontier Shareholders Continues To Be Full And Fair |
6/2/2008 | Commences Efem=E7ukuru Construction |
5/9/2008 | Mails Offer To Frontier Pacific Shareholders |
4/23/2008 | Announces Offer For Frontier Pacific Mining Corporation |
2/22/2008 | 2007 Mineral Reserves and Mineral Resources |
11/1/2007 | Q3 2007 Financial and Operational Results |
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