Header Image

Header Image

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?

Icon 1 Icon 2 Icon 3 Icon 4 Icon 5 Icon 6
1 Diversified portfolio of long-life, high quality assets
  • Mining, development and exploration operations in Turkey, Greece, Romania, Serbia, Canada and Brazil
  • Total AuEq Reserves: 23.7 Moz (1)
    • Gold reserves of 16.9 Moz
    • Base metal reserves of 6.7 Moz AuEq

    (1) Based on 2018 R&R Statement and $1,200/oz Au, $16/oz Ag, $2.50/lb Cu, $1,800/tn Pb, $2,000/tn Zn.

2 Robust internal pipeline of growth projects
  • Three Year Gold Production Outlook: 2019 -2021
    • 2019: 390,000 – 420,000 oz
    • 2020: 520,000 – 550,000 oz
    • 2021: 350,000 – 380,000 oz
  • Significant free cash flow generation expected over the next three years
  • 4 operating gold mines, 2 advanced development projects, and a robust pipeline of development projects
3 Low-cost operator with sustainable, through-the-cycle margins
  • 2018 Cash Operating Costs $625/oz sold
  • 2018 AISC $994/oz
  • 349,147 oz Gold produced in 2018
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
  • Solid balance sheet with ~$543M total liquidity including ~$293M of cash, cash equivalents and term deposits, and undrawn $250 M available through undrawn credit facility at December 31, 2018
  •  Growth from operating assets – potential to extend mine life and increase production with increased heap leach recovery at Kışladağ
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.

Results

Annual Report

Results

Thumb Download Description
Stock Information

View Eldorado Gold’s stock quotes, charts and share structure.

Read More
Strategy

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

Read More
Leadership

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

Read More