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Eldorado Gold Corporation is a Canadian company that owns and operates gold mines in Turkey, Greece and Canada. Since its merger with European Goldfields in 2011 the company has been pursuing the development of the Skouries mine , Olympias mine and Stratoni mine in Greece.
The El Dorado Gold Mine began as a placer mining claim operated by the "Swede Brothers" of Fairbanks in the early 1900s. As records of the era were spotty and often poorly kept, the mine's exact ownership history for much of the first half of the century is unclear, though it is known that the mine changed hands several times.
In December 2011 Eldorado Gold initiated a $2.5 billion friendly takeover of European Goldfields. [3] The deal came just after Centerra Gold attempted to buy the company and just before European Goldfields was to vote on a $750m (£479m) credit deal offered to it by Qatar Holdings, to finance the Skouries and Olympias gold projects. [4]
Gold prices are above $1,800 per ounce for the first time since 2011, sending gold stocks soaring. Despite the big moves in gold prices and gold stocks, one analyst said Friday that shares of ...
Eldorado Gold (NYS: EGO) has set itself apart from the competition in multiple ways. For starters, the company has a tendency. Some folks just have a knack for walking the path less traveled ...
During the summer of 2009, I urged my readers to follow the yellow brick road into China with shares of burgeoning gold producer Eldorado Gold (NYS: EGO) . One year later, the stock earned a nod ...
Skouries is a gold-copper porphyry deposit centred on a small, pencil-porphyry stock that intruded schist and gneiss of the Paleozoic Vertiskos Formation of the Serbo-Macedonian Massif in northeastern Greece. The porphyry is characterized by at least four intrusive phases that are of monzonite to syenite composition, but contain an intense ...
El Dorado (Spanish: [el doˈɾaðo], English: / ˌ ɛ l d ə ˈ r ɑː d oʊ /) is a mythical city of gold supposedly located somewhere in South America. The king of this city was said to be so rich that he would cover himself from head to foot in gold dust – either daily or on certain ceremonial occasions – before diving into a sacred lake ...