{"id":1177236,"date":"2020-04-09T09:04:52","date_gmt":"2020-04-09T14:04:52","guid":{"rendered":"https:\/\/www.mining.com\/?p=1019892"},"modified":"2020-04-09T09:04:52","modified_gmt":"2020-04-09T14:04:52","slug":"eldorado-gold-sees-output-jump-by-40-in-first-quarter","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1177236","title":{"rendered":"Eldorado Gold sees output jump by 40% in first quarter"},"content":{"rendered":"<p>Canada\u2019s Eldorado&nbsp;Gold (TSX:ELD)(NYSE:EGO)&nbsp;<a href=\"https:\/\/www.eldoradogold.com\/news-and-media\/news-releases\/press-release-details\/2020\/Eldorado-Gold-Announces-First-Quarter-2020-Preliminary-Production-Resultsand-Conference-Call-Details\/default.aspx\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">said on Thursday<\/a> that output in the first three months of the year climbed 40% to 15,949 ounces when compared to the same quarter last year as output from its Olympias mine in Greece reached its highest levels in 18 months.<\/p>\n<div class='d-flex justify-content-center d-xs-block d-sm-block d-md-none'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>Production rose at three of its<br \/>\nfour mines, with the biggest jump an 84% increase at K\u0131\u015flada\u011f in in Turkey to<br \/>\n50,176 ounces. The figure, however, was below the company\u2019s expectations for<br \/>\nthe mine due to elevated rainfall, which led to increased solution volumes.<\/p>\n<p>The Vancouver-based miner said the<br \/>\ngold contained in excess solution will be recovered over the spring and summer<br \/>\nmonths.<\/p>\n<p>Production at Efemcukuru, also in<br \/>\nTurkey, dropped 11% from a year ago to 23,239 ounces, but the miner said this<br \/>\nwas consistent with expectations due to lower grades.<\/p>\n<p>Eldorado highlighted the performance<br \/>\nof its Olympias mine in Greece, which produced the highest amount of gold in<br \/>\nsix quarter, rising 53% year-over-year. <\/p>\n<p>Output at Lamaque mine in Quebec, which&nbsp;have been <a href=\"https:\/\/www.mining.com\/eldorado-scales-down-operations-at-lamaque-mine-in-quebec\/\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">suspended since March 23<\/a> to comply with the province&#8217;s mandated covid-19 restrictions, rose 39% from a year ago to 27,353 ounces.<\/p>\n<p>Despite the modest impact on first<br \/>\nquarter production at Lamaque, which&nbsp;<a href=\"https:\/\/www.mining.com\/eldorado-begins-commercial-production-first-canadian-mine\/\"  rel=\"noreferrer noopener\">began commercial operations last year<\/a>,&nbsp;Eldorado remains<br \/>\noptimistic as Quebec recently granted the company an environmental permit for<br \/>\nthe expansion of underground production from the mine\u2019s Triangle deposit.<\/p>\n<p>The project would allow the miner<br \/>\nto churn out 2,650 tonnes per day once operations resume, up from 1,800 tonnes<br \/>\nper day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While gold production in the first three months of the year climbed to 15,949 ounces from 82,977 last year, it was lower than expected.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369,4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1177236"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1177236"}],"version-history":[{"count":5,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1177236\/revisions"}],"predecessor-version":[{"id":1177270,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1177236\/revisions\/1177270"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1177236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1177236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1177236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}