Skouries offers Eldorado significant near-term growth gold copper Europe mining
Canada-headquartered Eldorado Gold is forecasting a big jump in its production over the next five years, with the addition of the Skouries mine, in Greece, providing significant near-term growth.
Gold production will increase to between 675 000 oz/y and 735 000 oz/y by 2027, from the 475 00 oz/y to 525 000 oz/y forecast for 2023.Eldorado restarted the Skouries project in December 2022, and is targeting first production in 2025. “The addition of Skouries to our five-year production outlook provides significant near-term growth and positions the company to deliver strong operational and financial performance.
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