Eldorado Gold Corporation reports on it’s financial and operational results for the second quarter ended June 30, 2008. Q2 2008 Highlights - Produced 87,380 ounces of gold from our operations at an average cash cost of $229 per ounce - Sold 88,610 ounces of gold from our Tanjianshan and Kisladag mines at a realized average price of [...]
Eldorado reports that it has taken up and accepted payment an additional 4.9 million common shares of Frontier Pacific. Together with the 162.2 million common shares of Frontier taken up by Eldorado on July 3, 2008 and the 4,871,300 held by Eldorado prior to its making the Offer, Eldorado will own approximately 167.2 million common shares [...]
Eldorado Gold Corp. & Brazauro Resources reports an agreement under which Eldorado is entitled to earn an option to acquire an initial 60% interest in the Company’s Tocantinzinho gold project, Brazil. Eldorado will be the operator of the Project and joint venture. President and CEO of Brazauro, Mark E. Jones states: “We at Brazauro are very pleased [...]
Paul N. Wright, President and CEO, Eldorado Gold Corporation reports: that as of 2:00 pm (Vancouver time) on July 2, 2008, approximately 157.3 million common shares of Frontier Pacific Mining Corporation (“Frontier”) had been validly deposited to Eldorado’s offer to purchase all of the outstanding common shares of Frontier (the “Offer”). The offer has been accepted [...]
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