The share price of Canadian miner Eldorado Gold extended its recent gains on Tuesday, buoyed by election results in Greece and news that the company is on track to achieve its full-year production target.
The miner, which owns mines in Turkey, Canada and Greece, produced 91 803 oz of gold in the second quarter, down from 99 105 oz in the same period a year earlier. Year-to-date production is 174 780 oz, which Eldorado said stood it in good stead to meet its yearly guidance of 390 000 oz to 420 000 oz.