Strong Gold Production and Cash Flow Generation
Eldorado Gold produced 115,190 gold ounces and generated approximately $77 million of free cash flow, excluding capital investments in the Skouries project.
Successful Share Repurchase Program
Eldorado repurchased and canceled approximately 3 million shares for a total of $79 million during the quarter, reflecting the company's commitment to returning value to shareholders.
Advancement in Skouries Project
Phase 2 construction reached 73% completion with first copper-gold concentrate production on track for Q1 2026. Overall project capital remains unchanged at $1.06 billion.
Whole Ore Agglomeration Project at Kisladag
Decision to proceed with whole ore agglomeration at Kisladag with a capital cost of approximately $35 million to enhance permeability and improve leach kinetics.