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Building our Future

With high-quality assets located around the world, a management team that combines technical expertise with a commitment to responsible growth, robust margins and a strong balance sheet, Eldorado Gold is well-positioned to continue to grow.

Why Eldorado Gold?

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1 Diversified portfolio of long-life, high quality assets
  • Mining, development and exploration operations in Canada, Turkey, Greece and Romania
  • Total AuEq Reserves: 25.7 Moz (1)
    • Gold reserves of 17.7 Moz

    (1) Based on 2020 R&R Statement and $1,300/oz Au, $16/oz Ag, $2.75/lb Cu, $2,000/tn Pb, $2,200/tn Zn.

2 Robust internal pipeline of growth projects
  • Four-Year Gold Production Outlook: 2021 -2025
    • 2021: 560,000 – 480,000 oz
    • 2022: 430,000 – 460,000 oz
    • 2023: 480,000 – 510,000 oz
    • 2024: 500,000 – 530,000 oz
    • 2025: 510,000 – 540,000 oz
  • Significant increased cash flow provided from operations in 2020: Net cash provided by operating activities was $425.6 million in 2020 (2019: $165.8 million)
  • 4 operating gold mines, 1 advanced development projects, and a robust pipeline of development projects
3 Low-cost operator with sustainable, through-the-cycle margins
  • 2020 Cash Operating Costs $560/oz sold
  • 2020 AISC $921/oz sold
  • 528,874 oz Gold produced in 2020
4 Respected, experienced management team
  • Track record of successful execution from exploration to production
  • Complimentary managerial, financial and operational skills
5 Disciplined capital allocation strategy with a focus on liquidity
  • Capital Investment Framework in place
  • The Company currently has $511.0 million of cash, cash equivalents and term deposits and approximately $29.2 million available under its revolving credit facility
  • Growth from operating assets – recently extended mine-life at Kışladağ to 15 years, through 2034, with an expected average of 160,000 oz/year.
6 Strong health, safety, and environmental track record
  • Leading environmental management practices
  • Dry stack implemented, or planned for, at all our operations*.
  • Local employment and procurement policies focused on creating value in the communities where we operate
  • Implemented “Golden Rules” safety handbook globally

*Kisladag is a heap leach operation and does not produce tailings.


2020 Sustainability Report

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Stock Information

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Our strategy is to discover, acquire and develop high-quality assets in prospective regions.

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We have a skilled leadership team at the helm of Eldorado Gold.

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