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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
  • Operations in Turkey, Greece, Brazil and Canada
  • Proven and probable gold reserves of 17.3 Moz
  • Current reserve life index of ~60 years based on current production, and estimated to be ~29 years with future production of 600 Koz/year
2 Robust internal pipeline of growth projects
  • Plan to double production in 3 years → 600 Koz by 2021
  • 3 operating gold mines, 2 advanced development projects, and a robust pipeline of development projects
3 Low-cost operator with sustainable, through-the-cycle margins
  • H1 2018 Total Cast Cost $604/oz
  • H1 2018 Cash Margin $706/oz
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 liquidity position with ~$385M of cash + undrawn $250M available through undrawn credit facility at end of Q3 2018
  • Fully supports completion of construction at Lamaque and provides ample runway to advance the Kışladağ Mill
  • Through 2020, the Company will average production of 300-325 Koz of gold/year, produced at similar costs to 2018, with total development costs from 2019-2020 estimated to be approximately $550M
6 Strong health, safety, and environmental track record
  • Leading environmental management practices
  • Dry stack tailings at or planned for all of our operations
  • Local employment and procurement policies focused on creating value in the communities where we operate
  • Implemented “Golden Rules” safety handbook globally


Annual 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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