Eldorado Gold CEO George Burns says increasing production is the proven away to enhance shareholder value.
Eldorado Gold (TSX: ELD; NYSE: EGO) expects its production profile to swell about 45% over the next four years to 703,250 oz. gold per year, CEO George Burns says.
The company comes off a solid 2023 operating performance, producing 7% more gold year-on-year at 485,000 oz. of metal at an all-in sustaining cost of about $1,200 per ounce. With the Skouries build in Greece having passed the 70%-completion mark, Burns tells The Northern Miner that increasing production is the vehicle for enhancing shareholder value.