Eldorado inks deal to earn 80% of Newfoundland project
Eldorado Gold (TSX: ELD; NYSE: EGO) has inked an option deal with TRU Precious Metals (TSX: TRU) to acquire a major stake in the junior’s Golden Rose gold-copper project, in…
Eldorado Gold Corporation
Eldorado Gold shares fall on lower Lamaque reserves
Shares in Eldorado Gold (TSX: ELD; NYSE: EGO) fell on Wednesday after the company announced a 5% decrease this year in proven and probable gold reserves at specific assets within…
Eldorado fully funded to complete Skouries build after EBRD invests $81.5M
Eldorado Gold (TSX: ELD) has closed the recently announced strategic investment of $81.5 million by the European Bank for Reconstruction and Development (EBRD). The institution bought 6.3 million shares at…
Eldorado says gold production to grow 55% in five years with Skouries restart
Eldorado Gold (TSX: ELD; NYSE: EGO) expects production to significantly increase over the next five years thanks to the addition of the Skouries gold-copper mine in northern Greece. The company’s…
O3 Mining posts first resource for Alpha project’s Bulldog and Kappa deposits in Quebec
O3 Mining (TSXV: OIII; US-OTC: OIIIF) has posted a first resource for the Bulldog deposit and the nearby Kappa discovery at its Alpha property in Quebec. In total, the Bulldog and…
G Mining to build US$458M Tocantinzinho gold project in Brazil
G Mining Ventures (TSXV: GMIN; US-OTC: GMINF) has made a formal decision to proceed with the construction of the Tocantinzinho gold project located in the state of Pará, Brazil. The…
Eldorado Gold sees 22% rise in Q2 cash operating costs
Eldorado Gold (TSX: ELD; NYSE: EGO) has reported an increase of 22% in cash operating costs for the three months to June 30 compared to the same period last year, and expects…
Franco-Nevada invests US$352M in Tocantinzinho gold project in Brazil
Gold streaming company Franco-Nevada (TSX: FNV; NYSE: FNV) has committed US$352.5 million to a finance package totalling US$481 million for the Tocantinzinho project located in Pará state, Brazil, currently held…
Eldorado Gold flags Omicron hit to quarterly production
Canada’s Eldorado Gold (TSX: ELD; NYSE: EGO) hasn’t altered its 2022 production guidance of 460,000-490,000 oz. of gold untouched, despite reporting that higher-than-expected absenteeism due to the Covid-19 Omicron variant…
Eldorado Gold inks revised investment contract with Greece
Eldorado Gold (TSX: ELD; NYSE: EGO) has inked an amended investment agreement with the Greek government covering the miner’s operations in the north of the country. The new contract between Eldorado’s…
QMX Gold drills high-grade at River target in Quebec
QMX Gold (TSXV: QMX) has drilled 44.4 grams gold per tonne over 2 metres from 170 metres downhole at its River Target, 1 km west of the past-producing Herbin mine…
US markets slip, Sept. 14-18
The Dow Jones Industrial Average fell 0.03% to finish the Sept. 14-18 trading week at 27,657.42 and the S&P 500 Index dropped by 0.84% to 3,319.47. Spot gold climbed US$8.80…