Eldorado Gold (TSX: ELD) has announced its preliminary gold production results for the fourth quarter and full year of 2024. The company achieved a strong fourth quarter production of 155,669oz, contributing to an impressive annual total of 520,293oz. This represents a significant 7% increase in production compared to 2023.
The fourth quarter saw a particularly strong performance at the Lamaque Complex and Kisladag, with both sites delivering robust production numbers. Efemcukuru also performed admirably, meeting the company’s expectations. Eldorado’s overall production for the year was well-aligned with its guidance, which had anticipated a stronger second half of 2024.
The full year preliminary production exceeded the midpoint of the company’s tightened guidance range of 505,000 to 530,000oz, as outlined in the third quarter 2024 results announcement. This achievement underscores Eldorado’s commitment to operational excellence and its ability to deliver on its promises.
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