Eldorado Gold achieves record production
Eldorado Gold (TSE:ELD) announced that it hit record production in the third quarter. Its three mines, Kisladag, Jinfeng, Tanjianshan and White Mountain, produced 179,195 oz in Q3 at a cash cost of $397/oz.
The company also said that iron ore sales in the quarter totalled 170,781 tonnes at a realized price of US$122/tonne.
"We are extremely pleased that all operating mines continue to perform in accordance with plan in terms of production levels and cash operating costs, which resulted in record quarterly production for the corporation," commented Paul Wright, President and Chief Executive Officer.