Our strategy is the foundation of our past success and our future growth.
It underpins our desire to build a sustainable, high-quality business in the gold sector.
Our strategy of discovering, acquiring and developing high-quality assets in prospective regions has remained consistent over the past 15 years. Through acquisition and exploration, we have compiled a portfolio of high-quality assets that provide geographic diversification and geological potential. We have been deliberate in selecting regions where we were able to enter with first-mover advantage and establish dominant land positions.
This strategy has served us well and we have grown production while maintaining low cash operating costs. This is the same strategy that we are now implementing in Greece, Romania and Brazil.
Fundamental to executing our strategy is the strength of: our in-country teams, our balance sheet and our relationships with all stakeholders. These provide the pillars of support for us to pursue the best opportunities, persevere in the face of challenges and partner with our stakeholders to build value.
Eldorado is very decentralized so we leave the day-to-day decisions to our in-country teams who understand the cultural, community and political nuances of doing business in their home countries. This has encouraged local ownership alongside support from corporate. Across our global operations, we all share a commitment to being responsible operators focused on building and managing quality assets.
Paul Skayman, Chief Operating Officer