Recent Updates — EGO
Eldorado Gold Corporation announced that the first two of six tailings filter presses at its Skouries mine in northern Greece are now operational. This milestone supports continuous plant operation and progressive throughput increases as commissioning advances toward commercial production. The facility includes five operating units and one installed spare; four presses are required to support commercial production on sulphide ore, while five are needed for nameplate throughput. Commissioning of the remaining four filter presses is expected to be completed in November 2026. Skouries is expected to produce an average of 140,000 ounces of gold and 67 million pounds of copper annually over the life of mine. Eldorado Gold Corporation operates as a gold, copper, and base metals producer with mining, development, and exploration operations in Canada, Türkiye, and Greece.
The European Commission has designated Eldorado Gold’s Skouries copper-gold mine in northern Greece as a Strategic Project under the EU’s Critical Raw Materials Act. The designation recognizes the project's role in strengthening domestic supply chains for critical raw materials and enhancing long-term supply security, particularly for copper which is essential for electrification and renewable energy infrastructure. Located in the Halkidiki region, Skouries recently began operations and represents more than US$2 billion of investment over its approximately 20-year mine life. Eldorado Gold Corporation operates as a gold, copper and base metals producer with mining, development and exploration operations in Canada, Greece and Türkiye.
Eldorado Gold announced that its Skouries mine in northern Greece has been successfully energized following completion of the permanent connection to the Greek national power grid. This milestone supports ongoing commissioning and ramp-up toward commercial production, which is expected in the fourth quarter of 2026. The project is anticipated to produce an average of 140,000 ounces of gold and 67 million pounds of copper annually over its life. Eldorado Gold Corporation operates as a gold, copper, and base metals producer with mining, development, and exploration operations in Canada, Türkiye, and Greece.
Eldorado Gold Corporation announced that its wholly owned Skouries Project in northern Greece produced its first copper-gold concentrate on September 8, 2026, marking a key milestone in the transition from construction to operations. The company expects commercial production to begin in the fourth quarter of 2026, supported by an ore stockpile exceeding 4.6 million tonnes above reserve grade. Skouries is projected to produce approximately 140,000 ounces of gold and 67 million pounds of copper annually over its life of mine. This development positions Eldorado as a more diversified producer with significant exposure to critical minerals alongside precious metals.