Earlier this summer, Eldorado Gold was proud to support Big Sisters of BC Lower Mainland for their 'Future You' summer camp. This year, Eldorado sponsored the STEAM and resources day. Our partnership with Big Sisters BCLM helps inspire more young women to consider non-traditional careers and challenge social narratives to reach their full potential.
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Our transformational Skouries copper-gold project in Greece is well underway, with first production expected in Q3 2025. We have established an Operational Readiness team with experienced mining professionals who have a wealth of knowledge in large-scale projects around the world. Recently, the team came together for a workshop to analyze project requirements to feed into structure and design for pre-commissioning and commissioning of the project. The team established a project framework focused on seamless asset turnover, operationalization, operational standards, and workforce development. This strategic plan marks a significant milestone, moving Skouries closer to operational readiness. By the end of Q1, overall project progress was 73% complete including the first phase of construction. Part of the overall Kassandra Mines Complex, Skouries has an initial mine life of 20 years and it is expected to produce on average 140,000 ounces of gold and 67 million pounds of copper per year. Copper will be a critical component in the energy transition, enabling electrification for energy producers and other industries. Learn more about Skouries: https://bit.ly/45AR09h #BreakingNewGround #Skouries #Copper #GoldMining #OperationalReadiness #Planning #Strategy Hellas Gold S.A.
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Congratulations to Eldorado Gold Québec on winning the 2024 Towards Sustainable Mining (TSM) Community Engagement award at the CIM | Canadian Institute of Mining, Metallurgy and Petroleum Connect conference. The award recognizes strong community engagement practices that build positive relationships with communities near mining operations. Located in Val d'Or, Quebec, our team at the Lamaque Complex has proactively initiated engagement related to social closure and long-term closure planning. By engaging early, we can better understand socio-economic impacts and specific community needs to create a community-led transition plan. A working group has been established with a focus on six key areas: community contributions, future site uses, employment and lifestyles, environmental protection and biodiversity conservation, landscape and heritage, and safety. Learn more about the awards: https://lnkd.in/gxmDCYkk #BreakingNewGround #Mining #CIMCONNECT2024 #MiningConvention #MiningExpo #CanadianMining #SocialImpact #CommunbityEngagement #Recognition
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In celebration of #NationalMiningWeek, we’re proud to contribute to Canada’s rich mining heritage with responsible development of Canada’s natural resources. We recently celebrated five years of commercial production at our Lamaque mine in Quebec, which is our lowest GHG-emitting operational mine. Thanks to the great work of Eldorado Gold Québec, we are making positive contributions to the area, through environmental stewardship, proactive community engagement and local hiring with over 80% of our workforce from the local Val-d’Or region. To advance our sustainability performance, we’ve added two electric ore hauling trucks to our operations over the last year. With a maximum hauling capacity of 50 tonnes, the trucks will improve production efficiency, protect health and safety – all while mitigating our greenhouse gas emissions. Beyond our operations, we want to create a positive impact for communities near our mines. In Quebec, we work closely with Indigenous communities on workforce training, skills development and other community priorities. Since 2019, we’ve contributed over $2.5 million through our community investment program in Quebec. Our contributions were made in partnership with community members through our Monitoring Committee, who worked together to prioritize and identify key opportunities for the community. Read more about our contributions to Canadian mining: https://bit.ly/43K5DYw #BreakingNewGround #ResponsibleMining #CanadianMining #GoldMining #Gold #Mining
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Today, we’re participating in the “How to Grow a Mid-Tier Gold Producer” panel at Canaccord Genuity - Global Capital Markets’ 3rd Annual Global Metals & Mining Conference in Palm Desert, California. The panel takes place at 10:45 AM PT, and our Executive Vice President and Chief Financial Officer, Paul Ferneyhough, will share more about Eldorado Gold’s growth story, including our transformational Skouries project in Greece and anticipated 45% growth in production over the next four years compared to 2023 levels. Learn more in our latest investor presentation: https://bit.ly/3pCX7GQ #BreakingNewGround #Mining #GoldMining #InvestinGold #IR #InvestorRelations #Growth
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May 6-12 is #MentalHealthWeek in Canada, with a focus on compassion for others and for ourselves. At Eldorado Gold, we are committed to building a safe and inclusive environment that promotes physical and psychological safety for our people. We’re proud to be part of the Canadian Mental Health Association’s Not Myself Today program, which offers resources to encourage people to change the way they think about mental health in the workplace, reducing stigma and fostering positive environments. Learn more about our approach to mental health: https://bit.ly/4btkIQP #BreakingNewGround #ResponsibleMining #MentalHealthMatters #CompassionConnects
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At Canaccord Genuity - Global Capital Markets’ 3rd Annual Global Metals & Mining Conference in Palm Desert, California, we’re pleased to participate in the “How to Grow a Mid-Tier Gold Producer” panel on May 8, at 10:45 – 11:25 AM PT. Our Executive Vice President and Chief Financial Officer, Paul Ferneyhough, will share more about Eldorado Gold’s growth story, including anticipated 45% growth in gold production over the next four years compared to 2023 levels. Check out our latest investor presentation for more: https://bit.ly/3pCX7GQ #BreakingNewGround #Mining #GoldMining #InvestinGold #IR #InvestorRelations #Growth
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Following our Q1 2024 Financial and Operational Results last week, BNN Bloomberg discussed our performance and potential. This interview between Andrew Bell, host of BNN Bloomberg Commodities, and Kerry Smith, senior mining analyst of Haywood Securities, highlights how our first quarter cash flow benefited from the increased gold price and the opportunity that Eldorado Gold’s Skouries project presents to investors with gold and copper production expected in Q3 2025. Watch the full interview here: https://lnkd.in/geehgWfX #BreakingNewGround #FinancialResults #QuarterlyResults #Skouries #GoldMining #Mining
Skouries project is the real story for Eldorado Gold: analyst
bnnbloomberg.ca
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Sustainability is core to our business. It is foundational to how we operate, working together between sites to continuously improve our performance. Across our international operations, our assets adhere to our Sustainability Integrated Management System (SIMS). SIMS is a global framework designed with minimum performance-based standards for all Eldorado Gold sites in the areas of occupational health and safety, environmental performance, social performance, security and general management of sustainability topics. Learn more about our approach to sustainability: https://bit.ly/4dkGIPS #Sustainability #BreakingNewGround #ESG #Framework #BestPractices
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Members of the Eldorado Gold team were pleased to participate this past weekend in the 28th Annual Daffodil Ball hosted by the Canadian Cancer Society in Vancouver. For nearly three decades, this signature event has raised funds to support quality of care and improved cancer outcomes for patients. We were proud to take part in the evening and support the cause. At Eldorado Gold, we recognize the importance of community investment and supporting organizations that make a positive impact in local communities where we live and operate. Learn more about our approach to community investment: https://lnkd.in/ggqDVB6M #BreakingNewGround #CommunityInvestment #DaffodilBallVancouver #DaffodilBall #CancerResearch #CommunityImpact #CancerAwareness #ResponsibleMining
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World Day for Safety and Health at Work is celebrated annually on April 28, providing an opportunity to highlight our commitment to a zero fatalities and serious injuries workplace through a strong health and safety-first culture. Globally, our operations are working diligently to deliver on health and safety, and we know that requires a commitment from every single one of our employees. Through Courageous Safety Leadership, we empower our employees to speak out in support of both their safety and their co-workers' safety. An example of how we are furthering our culture can be found at our Lamaque Complex in Quebec, where the team recently ran a campaign for employees and contractors focused on working safely to not only to protect one another, but to go home safe to their loved ones every day. Read more about our commitment to health and safety: https://bit.ly/3JBHdHx #BreakingNewGround #HealthandSafety #SafetyFirst #WorldDayforHealthandSafetyatWork #WorldSafetyDay #Sustainability #ZeroHarm
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