Skouries offers Eldorado significant near-term growth
Canada-headquartered Eldorado Gold is forecasting a big jump in its production over the next five years, with the addition of the Skouries mine, in Greece, providing significant near-term growth.
Gold production would increase to between 675 000 oz and 735 000 oz/y by 2027, from the 475 00 oz/y to 525 000 oz/y forecast for 2023.
Eldorado restarted the Skouries project in December 2022, and is targeting first production in 2025.