0.70$US/Lb
0.24$US/Lb
0.22$US/Lb
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0.78$US/Lb
758.00$US/MT
954.00$US/MT
948.00$US/MT
380.00$US/MT
750.25$US/MT
707.77$US/MT
2377.06$US/MT
2718.15$US/MT
51.97$US/MT
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SEATTLE (Scrap Monster): Vancouver, British Columbia-headquartered Eldorado Gold Corporation announced Q2 2023 preliminary gold production of 120,042 ounces. The year-to-date preliminary gold production totalled 340,986 ounces. The company remains on track to deliver full-year 2023 guidance of 475,000-515,000 ounces.
ALSO READ: Eldorado Gold Announced Robust Gold Sales in Second Quarter
The preliminary Q3 gold production edged higher when compared with 109,435 ounces in Q2 2023. The preliminary production from Kisladag, Turkiye edged higher from 34,180 ounces in Q2 to 37,485 ounces in Q3 this year. The Lamaque, Canada production too was up from 38,745 ounces to 42,691 ounces over the prior quarter. The Olympias, Greece Q3 preliminary production totalled 18,696 ounces, compared with 13,866 ounces in Q2. Meantime, the production from Efemcukuru, Turkiye dipped marginally from 22,644 ounces to 21,170 ounces quarter-on-quarter.
Also, Eldorado Gold provided an update on the Skouries project in Northern Greece. The company remains on budget and on track to produce first gold by mid-2025. The commercial production is expected to commence by end-2025. The project is expected to reach 48% completion by end of the current year. The process of evaluation of key contracts are in progress and is expected to be complete by end of the current year.
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