Mergers & Acquisitions ·
Eldorado Gold Corporation reported net earnings of $172.8 million ($0.69 per share) for Q2 2026 and $309.2 million…
EGOEldorado Gold Corp
Eldorado Gold Corporation reported net earnings of $172.8 million ($0.69 per share) for Q2 2026 and $309.2 million ($1.38 per share) for the first half of 2026, driven by higher average realized gold prices of $4,379 and $4,632 per ounce sold, respectively. The company completed its acquisition of Foran Mining Corporation on April 14, 2026, adding the McIlvenna Bay Project with total consideration of approximately $2.4 billion. On July 30, 2026, Eldorado declared a third-quarter cash dividend of $0.075 per share, payable September 15 to shareholders of record on September 1. Executive leadership changes include George Burns retiring as CEO effective September 30, succeeded by Christian Milau, and Dan Myerson appointed as Board Chair. The company updated its 2026 gold production guidance to 495,000–600,000 ounces. Eldorado Gold Corporation is a gold, copper, and base metals producer with mining operations in Canada, Turkiye, and Greece.