Eldorado Gold Corporation

Eldorado stays in the red

Vancouver — Lower production and higher costs at the Sao Bento mine in Brazil contributed to a loss for Eldorado Gold (ELD-T) in 2004. The company posted a US$14-million loss (US5…



Open-pit operations in the Bor copper-gold district of Serbia.

Carpathian Arc key to Europe’s mining renaissance

Vancouver — “Overlooked,” “under-explored,” and “under-estimated” are words often used to describe the Carpathian Arc, a prospective belt of rocks in Eastern Europe that some have likened to the Paci…


Desjardins offers top picks for 2005

In its third annual volume of Strategy Plus, the research department of Montreal-based brokerage house Desjardins Securities weighs in on the year ahead and offers top investment recommendations in all sectors, including mining.




US vote casts spell on gold

Election day jitters south of the border sent gold US$7.20 per oz. lower to US$419.70 per oz. in New York on the first Tuesday in November. The one-day drop pushed the yellow metal US$8.55 lower over the Oct. 27-Nov. 2 report period, and the rest…


Miners recover as metals bounce

Metal prices rebounded across the board during the Sept. 8-14 report period; accordingly, the Toronto Stock Exchange’s gold index rose 5.26 points to end at 195.96. The yellow regained some shine, not to mention US$8.95 to make US$405.25 per oz. b…




Trading volume high for Wheaton River

The report period July 28-Aug. 3 saw the price of gold close down US$9.05 at US$390.95 per oz. in the afternoon in London. The Toronto Stock Exchange was closed Aug. 2 because of a civic holiday.


Drilling at Eldorado Gold's Kisladag project in Turkey in 2000.

Eldorado welcomes VAT exemption

Vancouver — Two mining-friendly laws passed by the Turkish government are expected to improve the profitability of the Kisladag project of Eldorado Gold (ELD-T). One of thee laws exempts the gold mining industry from the value…


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