Welcome to our dedicated page for Eldorado Gold news (Ticker: EGO), a resource for investors and traders seeking the latest updates and insights on Eldorado Gold stock.
Eldorado Gold Corporation reports on gold and base metals mining, development and exploration operations in Canada, Türkiye and Greece. Recurring updates cover operating and financial results, production and cost outlooks, capital allocation, mine development, exploration activity and governance changes across assets such as Lamaque, Skouries, Kisladag, Efemcukuru and Olympias.
The company’s news also includes project and permitting developments, including the Ormaque deposit at the Lamaque Complex, and completed portfolio actions such as the acquisition of Foran Mining, which added the McIlvenna Bay copper-zinc-gold-silver asset in Canada. Eldorado’s common shares trade on the Toronto Stock Exchange and the New York Stock Exchange under EGO in the United States.
Eldorado Gold (TSX: ELD, NYSE: EGO) received TSX approval to renew its normal course issuer bid (NCIB), allowing the company to purchase up to 13,065,993 common shares, equal to 5% of its 261,319,863 issued and outstanding shares as of July 27, 2026. The NCIB will run from August 5, 2026 to July 31, 2027, with purchases executed on the TSX, NYSE and alternative trading systems at prevailing market prices.
Daily repurchases on the TSX are capped at 194,581 shares, representing 25% of the six‑month average daily trading volume. Under the prior NCIB (August 6, 2025–July 31, 2026), Eldorado bought 7,739,880 shares at a volume‑weighted average price of C$43.56. Up to 12,865,993 repurchased shares will be cancelled, with up to 200,000 shares held in trust to satisfy restricted share unit redemptions. Eldorado cites share undervaluation, a strong balance sheet, progress on the Skouries Project and cash generation in a high gold price environment as reasons for the NCIB, and has implemented an automatic share purchase plan with its broker.
Eldorado Gold (TSX: ELD, NYSE: EGO) announced the completion of its previously outlined Board leadership transition, effective July 30, 2026. Steven Reid has stepped down as Chair and from the Board after more than five years as Chair and 13 years as a director.
The Board appointed Dan Myerson as Chair and Patrick Godin as Lead Independent Director as part of its succession and renewal process. According to Eldorado, Myerson brings strategic and growth project experience, while Godin contributes more than 40 years of mining operations and leadership expertise to support governance during a period of significant growth.
Eldorado Gold (NYSE: EGO, TSX: ELD) confirmed details of its executive leadership transition effective September 30, 2026. George Burns will retire as Chief Executive Officer on that date and remain on the Board of Directors, while Christian Milau will become President, CEO and a Board member.
Also effective September 30, 2026, Frank Herbert will move from Executive Vice President, General Counsel & Chief Compliance Officer to Senior Advisor ahead of his planned retirement in Q2 2027. Tamiko Ohta will be promoted to Senior Vice President, Legal and General Counsel, and Paul Ferneyhough will assume the expanded role of Executive Vice President, Strategy and Chief Financial Officer, adding oversight of Corporate Development and Legal.
With Skouries moving from construction to operations, the Executive Vice President, Development, Greece role will be eliminated and Louw Smith will leave the Company on September 30, 2026. Responsibility for Greece operations will transfer to Niklas Frank, Senior Vice President Operations, Europe, under Executive Vice President & Chief Operating Officer Simon Hille. Eldorado said these changes reflect its orderly succession planning and align leadership with its growth strategy and development projects.
Eldorado Gold (NYSE: EGO) reported Q2 2026 gold production of 104,616 ounces and sales of 102,691 ounces at an average realized price of $4,379/oz, with total cash costs of $1,432/oz and AISC of $1,926/oz. Revenue was $487.5 million and net earnings attributable to shareholders were $172.8 million, or $0.69 per share; adjusted net earnings were $136.7 million and Adjusted EBITDA reached $281.1 million. Free cash flow was negative $334.1 million, mainly from Skouries and McIlvenna Bay investment, while free cash flow excluding these projects was $40.9 million. The company updated 2026 gold production guidance to 495,000–600,000 ounces, declared a Q3 2026 dividend of $0.075 per share, advanced Skouries to 97% completion with first ore crushed and first concentrate expected in Q3 2026, and achieved first copper concentrate at McIlvenna Bay with commercial production targeted for Q3 2026.
Eldorado Gold (NYSE: EGO, TSX: ELD) reported a key construction milestone at its Skouries copper-gold project in Northern Greece, with first ore now processed through the commissioned crushing circuit as part of staged commissioning activities.
The project is in the final stages of construction, and commissioning is advancing across crushing, grinding, flotation, concentrate handling and filtered tailings circuits. Eldorado continues to target first copper-gold concentrate production in the third quarter of 2026 and commercial production in the fourth quarter of 2026, subject to final site energization, integrated commissioning and ramp-up. Power infrastructure, including all 12 transmission towers and conductors, has been completed, but full site energization remains contingent on inspection, testing and metering installation by the relevant Greek authority. Open pit mining is ahead of schedule, supporting an ore stockpile of approximately 3.9 million tonnes, which is expected to cover ore feed requirements through 2026.
Eldorado Gold (NYSE:EGO) will release its Q2 2026 financial and operational results after market close on July 30, 2026, and host a conference call on July 31, 2026 at 11:30 AM ET. The webcast will be accessible via the Eldorado Gold website.
Eldorado Gold (NYSE:EGO) reported voting results from its June 23, 2026 annual meeting. All director nominees were elected, including new director Patrick Godin, who brings over 40 years of mining experience. Shareholders also approved the auditor appointment, auditor compensation authorization and an advisory resolution on executive pay.
The company highlighted progress at Skouries, the Olympias expansion and the addition of McIlvenna Bay through the completed Foran Mining acquisition as part of its growth and development pipeline.
Eldorado Gold (NYSE:EGO) has been named to the Corporate Knights 2026 Best 50 Corporate Citizens in Canada ranking. The list evaluates Canadian companies on environmental, social and governance (ESG) performance, including sustainability, resource management, governance and social impact.
Eldorado highlights its focus on safe, inclusive workplaces, responsible production, environmental stewardship and engagement with host communities as it advances long-life assets and targets disciplined, sustainable growth.
Eldorado Gold (NYSE:EGO) will hold its 2026 annual shareholder meeting at 10:00 a.m. Pacific on June 23, 2026, in a hybrid in-person/virtual format in Vancouver and online.
Shareholders must return proxies by 10:00 a.m. Pacific on June 19, 2026. The meeting follows Eldorado’s April 2026 acquisition of Foran Mining and includes an update on board leadership succession, with a new Chair expected by September 30, 2026.
Eldorado Gold (NYSE:EGO, TSX:ELD) produced its first copper concentrate at the 100%-owned McIlvenna Bay project in Saskatchewan on June 7, 2026, following wet and hot commissioning.
The plant is ramping toward 4,900 tpd nameplate capacity, with commercial production targeted for Q3 2026. Eldorado plans about $17 million of 2026 exploration at McIlvenna Bay and surrounding claims, including the Tesla Zone and Bigstone deposit, aiming to extend mine life and support growth.