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Eldorado Gold's Skouries Project Enters Commissioning Phase

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Eldorado Gold's (ELD.TO) Skouries copper-gold project in Greece has entered the commissioning phase, with first ore processed through the crushing circuit.

Processing of first ore indicates that front-end processing is operating as expected, the company said Monday. Eldorado aims to achieve first production of copper-gold concentrate in the third quarter, and commercial production is scheduled for the fourth quarter.

Open pit mining has built a run-of-mine stockpile of about 3.4 million tonnes to support a steady-ramp-up. Total stockpiles are at about 3.9 million tonnes, including ore from the underground. The stockpile is expected to provide the ore feed through 2026.

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