Eldorado Gold Corp.


Eldorado Gold Corporation based in Vancouver, Canada, is an international gold producing company active in development and exploration. Our shares trade on the Toronto Stock Exchange (TSX) under the symbol ELD and on the American Stock Exchange (AMEX) under the symbol EGO. ELD is on the S&P/TSX Global Gold Index and EGO is part of the AMEX Gold BUGS Index.

We have superior assets in Brazil, China, Turkey, and Greece - countries with substantial geological potential.

Our wholly owned Kişladağ Mine (Kişladağ) in western Turkey is a 15-year mine life with 5.5 million ounces of proven and probable gold reserves. It began commercial production in July 2006, producing 70,895 ounces of gold in this year; at a cash operating cost of US$206/oz. 2007 production was 135,306 ounces at a cash operating cost of US$189/oz. 2008 forecasted production is 190,000 ounces of gold at a cash operating cost of US$250/oz.

Our 90% owned Tanjianshan Mine (TJS) in western China is a 9-year mine life and began commercial production in February 2007. Its production in 2007 was 138,162 ounces of gold at a cash operating cost of US$288 /oz. In 2008, its forecasted production is 110,000 ounces of gold at a cash operating cost of US$275/oz.

Our wholly owned São Bento Mine (São Bento) in Brazil ceased ore production in January 2007. São Bento has produced more than 1.8 million ounces of gold since 1987. In Q3 2008, we announced that Eldorado has entered into an agreement with AngloGold Ashanti for the sale of São Bento Gold Limited for US$70 million.

Eldorado had at December 31, 2007, 7.7 million ounces of proven and probable gold reserves from 10.4 million ounces of measured and indicated gold resource and 3.7 million ounces of inferred resource. We are actively growing businesses in Brazil, China, Turkey, and Greece. We are unhedged and are well positioned to experience continued growth and value. The Company, through its ongoing exploration, development, and operating activities, plans to produce 700,000 ounces of gold by 2013.  
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Latest News
Oct 31, 2008
Q3 2008 Financial and Operating Results Revenue, Net Income, Gold Production All Increase (more...)

Oct 01, 2008
Eldorado Gold Announces 2008 Third Quarter Financial Results Release Date and Conference Call (more...)

Sep 30, 2008
Exploration Update (more...)