Eldorado Gold Announces First Quarter 2020 Preliminary Production Results and Conference Call Details
Eldorado Gold Corporation Ordinary Shares (EGO)
Last eldorado gold corporation ordinary shares earnings: 4/30 05:09 pm
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US:NYSE Investor Relations:
eldoradogold.com/investors/default.aspx
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Source: GlobeNewswire
VANCOUVER, British Columbia, April 09, 2020 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or “the Company”) is pleased to announce the Company’s first quarter 2020 preliminary production results. Preliminary production for Q1 2020 was 115,949 ounces of gold. Further detail on asset level production is shown in Table 1 below. Gold leached into solution at Kisladag during the quarter was consistent with expectations and gold production was higher than the comparative period in 2019 as a result of the recommencement of operations (mining, crushing and stacking of ore) on April 1, 2019. Gold production for Q1 2020 was lower than planned as elevated rainfall in the quarter led to increased solution volumes. The gold contained in excess solution will be recovered over the spring and summer months. Production at Olympias continued to show improvement quarter-over-quarter with gold produced in Q1 2020 the highest in six quarters. The Company continues to see positive resu
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