Eldorado Gold swings to profit, maintains guidance

Canadian miner Eldorado Gold has advised that all its mines are fully operational, with safe working practices in place, and has maintained its guidance for the year at between 520 000 oz and 550 000 oz.

The company produced 137 782 oz of gold in the second quarter, which was a 50% increase on the 91 803 oz produced in the second quarter of last year, and a 19% increase compared with the first quarter of this year.