Eldorado tables year-end loss
Cost-cutting programs by Eldorado Gold (ELD-T) failed to offset the damage caused by low gold prices in 1998. The Vancouver-based company tabled a year-end loss of US$121.4 million (or US$1.66 per sha…
Cost-cutting programs by Eldorado Gold (ELD-T) failed to offset the damage caused by low gold prices in 1998. The Vancouver-based company tabled a year-end loss of US$121.4 million (or US$1.66 per sha…
By tabling a prefeasibility study, Eldorado Gold (ELD-T) has moved one step closer to developing its wholly owned Efemcukuru gold project in western Turkey.The study indicates that the internal rate-o…
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Rigorous cost-cutting enabled Eldorado Gold (ELD-T) to triumph over production shortfalls in the recent fourth.During the 3-month period ended Dec. 31, 1998, Eldorado produced 39,932 oz. gold, compare…
Having established its presence here more than a decade ago, Energold Mining (EGD-V) is continuing to focus on exploring for volcanogenic massive sulphide (VMS), porphyry copper-gold and epithermal go…
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Eldorado Gold (ELD-V), which operates mines in Mexico and Brazil, suffered a writedown of US$100 million in the third quarter as a result of low gold prices.The total writedown includes US$39.2 millio…
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Modifications to the Sao Bento mine in eastern Brazil have enabled Eldorado Gold (ELD-V) to reduced overall cash operating costs in the third quarter.The company’s cash costs were slashed by 18%, to U…
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