Eldorado Gold cuts FY23 gold production view to 475K-495K ounces

Gold production is expected to be 475,000 to 495,000 ounces of gold, from 475,000 to 515,000 Cash operating costs per ounce sold range lowered to $730 to $780, from $760 to $860, primarily due lower unit costs for fuel and power, and a weaker Lira and Canadian dollar. Total operating costs per ounce sold range lowered to $830 to $880 per ounce sold, from $860 to $960, primarily due to lower operating costs. AISC per ounce sold is expected to be $1,190 to $1,240 per ounce sold, from $1,190 to $1,290.