Eldorado Starts Production at Turkey Gold Mine
Mining Weekly reported that Eldorado (TSE:ELD) has commenced gold production at its mine in Turkey.
Mining Weekly reported that Eldorado (TSE:ELD) has commenced gold production at its mine in Turkey.
Reuters reported that higher gold prices helped Eldorado (TSE:ELD) to higher profits.
Eldorado Gold Corp. (TSE:ELD) announced today that the Board of Directors has declared that the Company will pay an eligible dividend of CDN$0.05 per Common Share on February 2, 2011.
Indonesia’s total estimated gold reserves are approximately equivalent with those of the United States; however, last year Indonesia produced less than half the total of gold compared with the United States. For investors with a more risk tolerant profile, this divergence might suggest a potential for undervalued regional gold opportunities.
Recent headline news features a bidding war between several producers for a lucrative gold venture in Argentina; however, this may only represent the tip of the iceberg for potential gains to investors in one of the richest metalliferous mineral areas in South America.
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