Feb 20 β€’ 12:33 UTC πŸ‡¬πŸ‡· Greece Naftemporiki

Eldorado Gold: Next phase of its activities in Greece – Goals for Olympiada-Skouries

Eldorado Gold is entering the next phase of its operations in Greece, focusing on increasing production capacity in Olympiada, advancing the Perama project, and commencing concentrate production in Skouries by early Q3 2026.

Eldorado Gold is moving into the next phase of its growth in the Greek market, with key developments including the expansion of its production capacity at Olympiada, progress on the Perama project, and plans for concentrate production at Skouries, which is set to begin in early Q3 2026. The CEO, George Burns, expressed confidence in the company's strong positioning in Greece despite some short-term adjustments to the Skouries timeline. He emphasized that significant features of the project remain robust, promising strong cash flows for decades to come. The initiation of production at Skouries is a pivotal milestone that will fundamentally reshape the company's cash flow generation, production profile, and cost structure, potentially driving economic growth in the region.

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