IntrinsicIntrinsic
OverviewFinancialsChartBusiness SummaryFilingsOwnershipValuation

Recent Updates — EGO

September 8, 2026View Source ↗

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.

August 11, 2026View Source ↗

Eldorado Gold Corporation completed its acquisition of Foran Mining Corporation on April 14, 2026, pursuant to a plan of arrangement under the Business Corporations Act (British Columbia). Under the terms of the transaction, Foran shareholders received 0.1128 Eldorado common shares and $0.01 in cash for each Foran voting common share held prior to the effective time. Restricted share units were vested and settled on a one-to-one basis before exchange, while stock options were cancelled and replaced with adjusted fully vested replacement options for Eldorado shares. Non-voting common shares were converted to voting shares on a one-to-one basis and subsequently exchanged. Foran Shares delisted from the Toronto Stock Exchange following the transaction, and Dan Myerson, former CEO of Foran, joined Eldorado's board of directors. Eldorado Gold Corporation operates in the gold mining industry.

August 6, 2026View Source ↗

Eldorado Gold announced a leadership transition effective July 30, 2026, with Steven Reid stepping down as Chair and Dan Myerson appointed as new Chair. Patrick Godin was named Lead Independent Director. The company confirmed that CEO George Burns will retire on September 30, 2026, while Christian Milau assumes the roles of President and Chief Executive Officer. Frank Herbert transitions to Senior Advisor ahead of his 2027 retirement, with Tamiko Ohta appointed as SVP Legal and General Counsel. Paul Ferneyhough expands his role to include Corporate Development and Legal oversight. Louw Smith departs due to Skouries moving into operations, with Niklas Frank assuming responsibility for Greece operations. Eldorado Gold Corporation operates in the gold mining industry.