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ELDORADO GOLD CORP /FI (EGO)

Recent press releases and 8-K filings for EGO.

Eldorado Gold Updates Mineral Reserve and Resource Estimates
EGO
New Projects/Investments
Guidance Update
  • Eldorado Gold Corporation released its updated Mineral Reserve and Mineral Resource (MRMR) estimates as of September 30, 2025.
  • The company's Proven and Probable gold Mineral Reserves increased by approximately 5% to 12.5 million ounces, primarily due to a 25% increase at the Lamaque Complex.
  • The average mine life, based on Mineral Reserves, is now 13 years.
  • Inferred Mineral Resources saw a 21% increase, reaching 8.2 million ounces, driven by new additions at Bonnefond and Perama Hill.
  • The updated estimates incorporate a higher gold price assumption of $1,700 per ounce for Mineral Reserves and $2,100 per ounce for Mineral Resources.
Nov 27, 2025, 12:04 AM
ESGold Completes Montauban Mill Building Construction, Targets 2026 Production
EGO
New Projects/Investments
Guidance Update
Revenue Acceleration/Inflection
  • ESGold Corp. has completed the main mill building at its fully permitted Montauban Gold-Silver Project in Quebec, marking a key step toward production.
  • The company is now focused on procuring and installing processing equipment for the Merrill Crowe circuit, with first gold and silver production anticipated in 2026.
  • The Montauban Project's Updated Preliminary Economic Assessment (PEA) outlined an after-tax NPV (5%) of C$24.27 million and an after-tax IRR of 60.3 percent, with a payback period of less than two years.
  • ESGold cautions that its decision to proceed with construction and procurement is not based on a feasibility study, which implies increased uncertainty and risk compared to projects supported by a full feasibility study.
Nov 10, 2025, 1:00 PM
Eldorado Gold Reports Q3 2025 Results and Updates Guidance
EGO
Earnings
Guidance Update
New Projects/Investments
  • Eldorado Gold reported net earnings from continuing operations of $57 million (equivalent to $0.28 per share) and adjusted net earnings of $82 million (or $0.41 per share) for Q3 2025, with underlying free cash flow of $77 million (excluding Skouries investment).
  • The company tightened its 2025 gold production guidance to between 470,000 and 490,000 ounces but revised cost guidance upwards, with total cash costs now expected between $1,175 and $1,250 per ounce sold and all-in sustaining costs between $1,600 and $1,675 per ounce sold.
  • Skouries project capital investment for 2025 was revised upward to between $440 and $470 million due to accelerated work, while the estimated overall project capital remains unchanged at $1.06 billion. The company also repurchased approximately 3 million shares for $79 million in Q3 2025, totaling 5 million shares for $123 million for the nine months ended September 30, 2025.
  • Operational performance was impacted by flotation circuit stability issues at Olympias and lower tons mined at Kisladag due to equipment availability and mine plan resequencing.
Oct 31, 2025, 3:30 PM
Eldorado Gold Reports Q3 2025 Results, Updates 2025 Guidance, and Provides Skouries Project Update
EGO
Earnings
Guidance Update
New Projects/Investments
  • Eldorado Gold reported Q3 2025 net earnings from continuing operations of $57 million ($0.28 per share) and adjusted net earnings of $82 million ($0.41 per share), generating $77 million of free cash flow excluding Skouries investment.
  • The company tightened its 2025 gold production guidance to between 470,000 and 490,000 ounces but revised total cash costs upward to $1,175-$1,250 per ounce sold and all-in sustaining costs to $1,600-$1,675 per ounce sold.
  • The Skouries copper-gold project is 73% complete (phase two) and remains on track for first concentrate production by the end of Q1 2026 and commercial production by mid-2026. Project capital investment for 2025 was revised upward to $440 million to $470 million.
  • Eldorado Gold maintains approximately $1.1 billion in liquidity and plans to continue opportunistic share buybacks, with a dividend under consideration for 2026.
Oct 31, 2025, 3:30 PM
Eldorado Gold Reports Q3 2025 Results, Updates Guidance, and Advances Skouries Project
EGO
Earnings
Guidance Update
New Projects/Investments
  • Eldorado Gold reported 115,190 gold ounces of safe production and approximately $77 million of free cash flow (excluding Skouries investment) in Q3 2025, with adjusted net earnings of $82 million ($0.41 per share).
  • The company tightened its 2025 gold production guidance to 470,000 to 490,000 ounces but revised total cash costs and all-in sustaining costs upwards to $1,175-$1,250 and $1,600-$1,675 per ounce sold, respectively, primarily due to higher royalty rates and lower performance at Olympias.
  • The Skouries project's 2025 capital investment was revised upward to $440 million-$470 million, though the estimated overall project capital remains unchanged at $1.06 billion. The project is 73% complete (Phase 2) and is on track for first copper-gold concentrate production by the end of Q1 2026 and commercial production by mid-2026.
  • Eldorado Gold plans to continue its opportunistic share buyback program and will consider implementing a sustainable dividend in 2026 as the Skouries project comes into operation. Christian Milau was also appointed as President as part of CEO succession planning.
Oct 31, 2025, 3:30 PM
Eldorado Gold Reports Q3 2025 Financial and Operational Results, Updates Skouries Project
EGO
Earnings
New Projects/Investments
Management Change
  • Eldorado Gold reported net earnings attributable to shareholders of $56.0 million for Q3 2025 and $266.4 million for the nine months ended September 30, 2025, with revenue increasing to $434.7 million in Q3 2025 due to a higher average realized gold price of $3,527 per ounce.
  • Gold production for Q3 2025 was 115,190 ounces, with All-in Sustaining Costs (AISC) per ounce sold at $1,679.
  • The Skouries Project's capital cost estimate was revised to $1.06 billion in Q1 2025, with first production anticipated by the end of Q1 2026 and commercial production in mid-2026, and the project remains fully funded.
  • As of September 30, 2025, the company held $1,043.9 million in cash and cash equivalents and $1,258.5 million in debt, and Christian Milau was appointed President effective September 12, 2025.
Oct 30, 2025, 9:21 PM
Eldorado Gold Reports Q3 2025 Financial and Operational Results, Updates Guidance, and Provides Skouries Project Update
EGO
Earnings
Guidance Update
New Projects/Investments
  • Eldorado Gold reported revenue of $434.7 million and net earnings attributable to shareholders of $56.5 million ($0.28 per share) for Q3 2025.
  • Q3 2025 gold production was 115,190 ounces with total cash costs of $1,195 per ounce sold and all-in sustaining costs (AISC) of $1,679 per ounce sold.
  • The company tightened its 2025 annual gold production guidance to between 470,000 to 490,000 ounces and revised upward its consolidated guidance for total cash costs to between $1,175 to $1,250 per ounce sold and AISC to between $1,600 to $1,675 per ounce sold.
  • The Skouries Project reached 73% completion for Phase 2 construction as of September 30, 2025, with first production anticipated toward the end of Q1 2026.
  • During Q3 2025, Eldorado repurchased 2,984,649 common shares for approximately $78.8 million.
Oct 30, 2025, 9:19 PM
Brixton Metals Announces Copper-Gold Porphyry Discovery
EGO
New Projects/Investments
  • Brixton Metals Corporation announced the discovery of a new copper-gold porphyry system at the Catalyst Target within its wholly owned Thorn Project located in northwestern British Columbia.
  • Initial drilling at Catalyst, specifically hole THN25-343, returned 424.00 meters of 0.30% CuEq from surface, including 98.50 meters of 0.50% CuEq from 92.50 meters, and 16.50 meters of 1.05% CuEq from 133.00 meters.
  • Other drill holes, THN25-341 and THN25-338, also delivered multiple mineralized intervals above 0.30% CuEq, confirming a broad hydrothermal system with porphyry-style alteration and mineralization.
  • The discovery indicates a fertile multi-phase porphyry system with Maricunga-style veins, suggesting potential for a vertically extensive, multi-phase gold-copper system, with further drilling planned at Catalyst.
Oct 30, 2025, 11:30 AM
Brixton Metals Announces Strong Drill Results at Trapper Gold Target
EGO
New Projects/Investments
  • Brixton Metals Corporation announced additional drill results from the Trapper Gold Target from the 2025 season, with a total of 6272m drilled from 30 holes.
  • Hole THN25-345 returned 22.15m of 4.44 g/t gold from 203.85m depth, including 1.50m of 57.20 g/t gold from 223.00m depth.
  • Hole THN25-340 intersected 30.85m of 1.47 g/t gold and 4.32 g/t silver from 61.65m depth, including 6.00m of 4.24 g/t gold and 7.90 g/t silver from 80.00m depth.
  • Assays are still pending for the remaining 13 holes, and the zone remains open for expansion.
  • The gold mineralization is hosted within Triassic lapilli tuff and associated with feldspar porphyry dikes, which has expanded the known footprint of gold mineralization eastward.
Oct 15, 2025, 11:30 AM

Quarterly earnings call transcripts for ELDORADO GOLD CORP /FI.